PPP Loan information for Motel 6

$34,140

Motel 6 was initially approved for PPP Loan of amount $34,140, the current approved amount is $34,140. The loan was approved on 04/14/2020 by The First Western SBLC, Inc reported 14 jobs and $34,140 was used to fund payroll.

Motel 6 is Existing or more than 2 years old

MOTEL 6

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOTEL 6

Borrower Address

2361 LACKEY ST

Borrower City

LUMBERTON

Borrower State

NC

Borrower Zip

28360-9024

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34140.00

Current Approval Amount

34140.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

188665

Servicing Lender Name

First Western SBLC, Inc

Servicing Lender Address

17950 Preston Rd, Ste 600

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75252

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUMBERTON

Project County Name

ROBESON

Project State

NC

Project Zip

28360-9024

CD

NC-07

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34140.00

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

188665

Originating Lender

First Western SBLC, Inc

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34449.60

Forgiveness Date

03/25/2021

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