PPP Loan information for Phasenext hospitality, llc

$1,394,100

Phasenext hospitality, llc was initially approved for PPP Loan of amount $1,072,900, the current approved amount is $1,394,100. The loan was approved on 04/06/2020 by The First Horizon Bank reported 325 jobs and $1,394,100 was used to fund payroll.

Phasenext hospitality, llc is Existing or more than 2 years old

PHASENEXT HOSPITALITY, LLC

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PHASENEXT HOSPITALITY, LLC

Borrower Address

6141 PALOMINO DRIVE

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75024-6036

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1072900.00

Current Approval Amount

1394100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75024-6036

CD

TX-04

Jobs Reported

325

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1394100.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1412494.38

Forgiveness Date

08/03/2021

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