PPP Loan information for New south hospitality inc.

$263,711

New south hospitality inc. was initially approved for PPP Loan of amount $263,711, the current approved amount is $263,711. The loan was approved on 02/06/2021 by The Community Bank of Mississippi reported 40 jobs and $263,711 was used to fund payroll.

New south hospitality inc. is Existing or more than 2 years old

PPP Loan Search / MS / Meridian / New south hospitality inc.

NEW SOUTH HOSPITALITY INC.

Date Approved

02/06/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

NEW SOUTH HOSPITALITY INC.

Borrower Address

2202 Causeyville Rd

Borrower City

Meridian

Borrower State

MS

Borrower Zip

39301-7401

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

263711.00

Current Approval Amount

263711.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Meridian

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-7401

CD

MS-03

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

263708.00

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

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265351.07

Forgiveness Date

09/24/2021

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