PPP Loan information for Hope inns, inc.

$35,463

Hope inns, inc. was initially approved for PPP Loan of amount $35,463, the current approved amount is $35,463. The loan was approved on 03/26/2021 by The Farmers Bank & Trust Company reported 10 jobs and $35,463 was used to fund payroll.

Hope inns, inc. is Existing or more than 2 years old

HOPE INNS, INC.

Date Approved

03/26/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

HOPE INNS, INC.

Borrower Address

1600 N Hervey St

Borrower City

Hope

Borrower State

AR

Borrower Zip

71801-2521

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35462.63

Current Approval Amount

35462.63

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hope

Project County Name

HEMPSTEAD

Project State

AR

Project Zip

71801-2521

CD

AR-04

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

35458.63

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35573.39

Forgiveness Date

07/26/2021

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