PPP Loan information for Motel enterprises, llc

$125,000

Motel enterprises, llc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/09/2020 by The First National Bank reported 32 jobs and $125,000 was used to fund payroll.

Motel enterprises, llc is Existing or more than 2 years old

PPP Loan Search / VA / DANVILLE / Motel enterprises, llc

MOTEL ENTERPRISES, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MOTEL ENTERPRISES, LLC

Borrower Address

118 ARNETT BLVD

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24540-3426

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

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

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

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

126402.78

Forgiveness Date

06/02/2021

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