PPP Loan information for Madison hospitality, llc

$145,671

Madison hospitality, llc was initially approved for PPP Loan of amount $85,160, the current approved amount is $145,671. The loan was approved on 04/07/2020 by The Decatur County Bank reported 19 jobs and $145,671 was used to fund payroll.

Madison hospitality, llc is Existing or more than 2 years old

MADISON HOSPITALITY, LLC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MADISON HOSPITALITY, LLC

Borrower Address

61 CASEY JONES LN

Borrower City

JACKSON

Borrower State

TN

Borrower Zip

38305-2401

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85160.00

Current Approval Amount

145671.00

Undisbursed Amount

0.00

Franchise Name

Comfort Suites by Choice Hotels

Servicing Lender Location Id

66917

Servicing Lender Name

Decatur County Bank

Servicing Lender Address

56 N Pleasant St

Servicing Lender City

DECATURVILLE

Servicing Lender State

TN

Servicing Lender Zip

38329-4083

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

MADISON

Project State

TN

Project Zip

38305-2401

CD

TN-08

Jobs Reported

19

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23032.00

Payroll Proceed

122639.00

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

66917

Originating Lender

Decatur County Bank

Originating Lender City

DECATURVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136605.62

Forgiveness Date

12/15/2020

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