PPP Loan information for Hotel & restaurant supply

$2,680,300

Hotel & restaurant supply was initially approved for PPP Loan of amount $2,680,300, the current approved amount is $2,680,300. The loan was approved on 04/03/2020 by The The Citizens National Bank of Meridian reported 209 jobs and $2,680,300 was used to fund payroll.

Hotel & restaurant supply is Existing or more than 2 years old

HOTEL & RESTAURANT SUPPLY

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

HOTEL & RESTAURANT SUPPLY

Borrower Address

5020 ARUNDEL RD

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39307-9431

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2680300.00

Current Approval Amount

2680300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39307-9431

CD

MS-03

Jobs Reported

209

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

335037.50

Payroll Proceed

2010225.00

Mortgage Interest Proceed

335037.50

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2711197.90

Forgiveness Date

05/27/2021

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