PPP Loan information for Locus hospitality lp dba holiday inn express and suites

$102,941

Locus hospitality lp dba holiday inn express and suites was initially approved for PPP Loan of amount $102,941, the current approved amount is $102,941. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 10 jobs and $102,941 was used to fund payroll.

Locus hospitality lp dba holiday inn express and suites is New Business or 2 years or less

LOCUS HOSPITALITY LP DBA HOLIDAY INN EXPRESS AND SUITES

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

LOCUS HOSPITALITY LP DBA HOLIDAY INN EXPRESS AND SUITES

Borrower Address

3101 DALLAS PKWY

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75093

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102941.00

Current Approval Amount

102941.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75093-0001

CD

TX-04

Jobs Reported

10

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

23061.75

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

27879.25

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103837.73

Forgiveness Date

03/18/2021

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