PPP Loan information for Hotel management services, inc.

$1,352,000

Hotel management services, inc. was initially approved for PPP Loan of amount $1,352,000, the current approved amount is $1,352,000. The loan was approved on 04/03/2020 by The The First Bank and Trust Company reported 270 jobs and $1,352,000 was used to fund payroll.

Hotel management services, inc. is Existing or more than 2 years old

PPP Loan Search / TN / JOHNSON CITY / Hotel management services, inc.

HOTEL MANAGEMENT SERVICES, INC.

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HOTEL MANAGEMENT SERVICES, INC.

Borrower Address

2304 SILVERDALE DR

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-2163

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1352000.00

Current Approval Amount

1352000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-2163

CD

TN-01

Jobs Reported

270

NAICS Code

561110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1352000.00

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

Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1359849.11

Forgiveness Date

11/05/2020

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