Date Approved
05/01/2020
SBA Office Code
0671
Processing Method
PPP
Borrower Name
PEARL HOSPITALITY INC
Borrower Address
1702 MAIN ST
Borrower City
PEARLAND
Borrower State
TX
Borrower Zip
77581-2806
Loan Status Date
05/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
85100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Holiday Inn Express (License Agreement)
Servicing Lender Location Id
4679
Servicing Lender Name
Simmons Bank
Servicing Lender Address
501 Main St
Servicing Lender City
PINE BLUFF
Servicing Lender State
AR
Servicing Lender Zip
71601-4327
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BRAZORIA
Project State
Project Zip
CD
TX-22
Jobs Reported
30
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
85862.40
Forgiveness Date
04/01/2021