PPP Loan information for Newnan hotel partners ii, llc

$171,332

Newnan hotel partners ii, llc was initially approved for PPP Loan of amount $89,815, the current approved amount is $171,332. The loan was approved on 04/15/2020 by The FirstBank reported 12 jobs and $171,332 was used to fund payroll.

Newnan hotel partners ii, llc is Existing or more than 2 years old

NEWNAN HOTEL PARTNERS II, LLC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEWNAN HOTEL PARTNERS II, LLC

Borrower Address

4 Herring Road

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30265-1006

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89815.00

Current Approval Amount

171332.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

68822

Servicing Lender Name

FirstBank

Servicing Lender Address

211 Commerce St, Ste 300

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-1810

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newnan

Project County Name

COWETA

Project State

GA

Project Zip

30265-0001

CD

GA-03

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

171332.00

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

68822

Originating Lender

FirstBank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173102.43

Forgiveness Date

04/28/2021

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