PPP Loan information for Jonesboro hotel partners, llc

$694,300

Jonesboro hotel partners, llc was initially approved for PPP Loan of amount $694,300, the current approved amount is $694,300. The loan was approved on 04/05/2020 by The Arvest Bank reported 137 jobs and $694,300 was used to fund payroll.

Jonesboro hotel partners, llc is New Business or 2 years or less

JONESBORO HOTEL PARTNERS, LLC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

JONESBORO HOTEL PARTNERS, LLC

Borrower Address

223 RED WOLF BLVD

Borrower City

JONESBORO

Borrower State

AR

Borrower Zip

72405-4559

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

694300.00

Current Approval Amount

694300.00

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JONESBORO

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72405-4559

CD

AR-01

Jobs Reported

137

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

694300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

702573.74

Forgiveness Date

06/11/2021

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