PPP Loan information for Lake guntersville hotel llc

$164,500

Lake guntersville hotel llc was initially approved for PPP Loan of amount $164,500, the current approved amount is $164,500. The loan was approved on 04/13/2020 by The Peoples Bank of Alabama reported 32 jobs and $164,500 was used to fund payroll.

Lake guntersville hotel llc is Existing or more than 2 years old

LAKE GUNTERSVILLE HOTEL LLC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAKE GUNTERSVILLE HOTEL LLC

Borrower Address

14451 US Highway 431

Borrower City

GUNTERSVILLE

Borrower State

AL

Borrower Zip

35976

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164500.00

Current Approval Amount

164500.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GUNTERSVILLE

Project County Name

MARSHALL

Project State

AL

Project Zip

35976-0001

CD

AL-04

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41114.27

Payroll Proceed

123385.73

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166067.32

Forgiveness Date

03/29/2021

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