PPP Loan information for Pearl hospitality inc

$85,100

Pearl hospitality inc was initially approved for PPP Loan of amount $85,100, the current approved amount is $85,100. The loan was approved on 05/01/2020 by The Simmons Bank reported 30 jobs and $85,100 was used to fund payroll.

Pearl hospitality inc is Existing or more than 2 years old

PEARL HOSPITALITY INC

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

85100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

PEARLAND

Project County Name

BRAZORIA

Project State

TX

Project Zip

77581-2806

CD

TX-22

Jobs Reported

30

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85100.00

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

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85862.40

Forgiveness Date

04/01/2021

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