PPP Loan information for Insignia hospitality group inc.

$388,160

Insignia hospitality group inc. was initially approved for PPP Loan of amount $388,160, the current approved amount is $388,160. The loan was approved on 01/28/2021 by The Lone Star State Bank of West Texas reported 25 jobs and $388,160 was used to fund payroll.

Insignia hospitality group inc. is Existing or more than 2 years old

INSIGNIA HOSPITALITY GROUP INC.

Date Approved

01/28/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

INSIGNIA HOSPITALITY GROUP INC.

Borrower Address

401 Tradewinds Blvd

Borrower City

Midland

Borrower State

TX

Borrower Zip

79706-2967

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388160.00

Current Approval Amount

388160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69095

Servicing Lender Name

Lone Star State Bank of West Texas

Servicing Lender Address

6220 Milwaukee Ave

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79424-0604

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-2967

CD

TX-11

Jobs Reported

25

NAICS Code

561499

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

388157.00

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

69095

Originating Lender

Lone Star State Bank of West Texas

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

391222.15

Forgiveness Date

11/16/2021

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