PPP Loan information for Franklin hotels llc

$38,247

Franklin hotels llc was initially approved for PPP Loan of amount $38,247, the current approved amount is $38,247. The loan was approved on 05/07/2020 by The Cross River Bank reported 3 jobs and $38,247 was used to fund payroll.

Franklin hotels llc is New Business or 2 years or less

FRANKLIN HOTELS LLC

Date Approved

05/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FRANKLIN HOTELS LLC

Borrower Address

1660 Armory Dr

Borrower City

Franklin

Borrower State

VA

Borrower Zip

23851

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38247.00

Current Approval Amount

38247.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Franklin

Project County Name

FRANKLIN CITY

Project State

VA

Project Zip

23851-0001

CD

VA-02

Jobs Reported

3

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38247.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38825.42

Forgiveness Date

11/17/2021

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