PPP Loan information for Galaxy motel, inc

$25,593

Galaxy motel, inc was initially approved for PPP Loan of amount $25,593, the current approved amount is $25,593. The loan was approved on 04/28/2020 by The Arkansas Capital Corporation reported 10 jobs and $25,593 was used to fund payroll.

Galaxy motel, inc is Existing or more than 2 years old

GALAXY MOTEL, INC

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

GALAXY MOTEL, INC

Borrower Address

1009 South Service Road

Borrower City

West Memphis

Borrower State

AR

Borrower Zip

72301

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25592.97

Current Approval Amount

25592.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224779

Servicing Lender Name

Arkansas Capital Corporation

Servicing Lender Address

200 River Market Ave. Suite 400

Servicing Lender City

Little Rock

Servicing Lender State

AR

Servicing Lender Zip

72201-1728

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Memphis

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72301-1600

CD

AR-01

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25592.97

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

Corporation

Originating Lender Location Id

224779

Originating Lender

Arkansas Capital Corporation

Originating Lender City

Little Rock

Originating Lender State

AR

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25845.39

Forgiveness Date

05/03/2021

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