PPP Loan information for Holiday inn express

$51,400

Holiday inn express was initially approved for PPP Loan of amount $51,400, the current approved amount is $51,400. The loan was approved on 04/06/2020 by The United Cumberland Bank reported 11 jobs and $51,400 was used to fund payroll.

Holiday inn express is Existing or more than 2 years old

HOLIDAY INN EXPRESS

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

HOLIDAY INN EXPRESS

Borrower Address

56 West Highway92

Borrower City

WILLIAMSBURG

Borrower State

KY

Borrower Zip

40769-1668

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51400.00

Current Approval Amount

51400.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

27983

Servicing Lender Name

United Cumberland Bank

Servicing Lender Address

47 S Main St

Servicing Lender City

WHITLEY CITY

Servicing Lender State

KY

Servicing Lender Zip

42653-6043

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

WHITLEY

Project State

KY

Project Zip

40769-1668

CD

KY-05

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6425.00

Payroll Proceed

38550.00

Mortgage Interest Proceed

6425.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

27983

Originating Lender

United Cumberland Bank

Originating Lender City

WHITLEY CITY

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51733.75

Forgiveness Date

12/09/2020

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