PPP Loan information for Montgomery downtown hotels, llc

$241,434

Montgomery downtown hotels, llc was initially approved for PPP Loan of amount $241,434, the current approved amount is $241,434. The loan was approved on 04/11/2020 by The The Citizens National Bank of Meridian reported 24 jobs and $241,434 was used to fund payroll.

Montgomery downtown hotels, llc is Existing or more than 2 years old

PPP Loan Search / AL / MONTGOMERY / Montgomery downtown hotels, llc

MONTGOMERY DOWNTOWN HOTELS, LLC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MONTGOMERY DOWNTOWN HOTELS, LLC

Borrower Address

120 MADISON AVE

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36104-3624

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241434.29

Current Approval Amount

241434.29

Undisbursed Amount

0.00

Franchise Name

DoubleTree by Hilton

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36104-3624

CD

AL-07

Jobs Reported

24

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24143.43

Payroll Proceed

193147.43

Mortgage Interest Proceed

24143.43

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

232964.33

Forgiveness Date

12/09/2020

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