PPP Loan information for Motel enterprises llc

$162,272

Motel enterprises llc was initially approved for PPP Loan of amount $162,272, the current approved amount is $162,272. The loan was approved on 02/08/2021 by The First National Bank reported 30 jobs and $162,272 was used to fund payroll.

Motel enterprises llc is Existing or more than 2 years old

MOTEL ENTERPRISES LLC

Date Approved

02/08/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MOTEL ENTERPRISES LLC

Borrower Address

118 Arnett Blvd

Borrower City

Danville

Borrower State

VA

Borrower Zip

24540-3426

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162271.93

Current Approval Amount

162271.93

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-3426

CD

VA-05

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

162270.93

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163177.95

Forgiveness Date

09/01/2021

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