PPP Loan information for Mcdonough hotel group llc

$80,500

Mcdonough hotel group llc was initially approved for PPP Loan of amount $80,500, the current approved amount is $80,500. The loan was approved on 04/09/2020 by The The First Bank reported 16 jobs and $80,500 was used to fund payroll.

Mcdonough hotel group llc is Existing or more than 2 years old

MCDONOUGH HOTEL GROUP LLC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MCDONOUGH HOTEL GROUP LLC

Borrower Address

805 Industrial Blvd

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30253-6616

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80500.00

Current Approval Amount

80500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30253-6616

CD

GA-10

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60375.00

Mortgage Interest Proceed

0.00

Rent Proceed

20125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81226.74

Forgiveness Date

03/09/2021

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