PPP Loan information for Oak hospitality llc

$86,460

Oak hospitality llc was initially approved for PPP Loan of amount $86,460, the current approved amount is $86,460. The loan was approved on 01/19/2021 by The Peoples Exchange Bank reported 12 jobs and $86,460 was used to fund payroll.

Oak hospitality llc is Existing or more than 2 years old

OAK HOSPITALITY LLC

Date Approved

01/19/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

OAK HOSPITALITY LLC

Borrower Address

1751 Lexington Rd

Borrower City

Richmond

Borrower State

KY

Borrower Zip

40475-2803

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86460.00

Current Approval Amount

86460.00

Undisbursed Amount

0.00

Franchise Name

Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice Hotels/Clarion Pointe by Choice Hotels

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

MADISON

Project State

KY

Project Zip

40475-2803

CD

KY-06

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

86456.00

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

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86942.74

Forgiveness Date

08/11/2021

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