PPP Loan information for Majestic hospitality llc

$54,600

Majestic hospitality llc was initially approved for PPP Loan of amount $56,500, the current approved amount is $54,600. The loan was approved on 04/08/2020 by The Peoples Bank reported 10 jobs and $54,600 was used to fund payroll.

Majestic hospitality llc is Existing or more than 2 years old

MAJESTIC HOSPITALITY LLC

Date Approved

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MAJESTIC HOSPITALITY LLC

Borrower Address

186 S KANAWHA ST

Borrower City

BUCKHANNON

Borrower State

WV

Borrower Zip

26201-2319

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56500.00

Current Approval Amount

54600.00

Undisbursed Amount

0.00

Franchise Name

Microtel Inn & Suites by Wyndham

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUCKHANNON

Project County Name

UPSHUR

Project State

WV

Project Zip

26201-2319

CD

WV-02

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54600.00

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

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55004.95

Forgiveness Date

01/11/2021

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