PPP Loan information for Red hotel llc

$37,100

Red hotel llc was initially approved for PPP Loan of amount $37,100, the current approved amount is $37,100. The loan was approved on 04/14/2020 by The Southern Bancorp Bank reported 10 jobs and $37,100 was used to fund payroll.

Red hotel llc is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Red hotel llc

RED HOTEL LLC

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RED HOTEL LLC

Borrower Address

1125 EAST GRAND AVE

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71901-3630

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37100.00

Current Approval Amount

37100.00

Undisbursed Amount

0.00

Franchise Name

Preferred Hotels & Resorts - Hotel Member Agreement

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71901-3630

CD

AR-04

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3710.00

Payroll Proceed

27825.00

Mortgage Interest Proceed

5565.00

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37369.36

Forgiveness Date

01/07/2021

;