PPP Loan information for Red roof inn

$41,817

Red roof inn was initially approved for PPP Loan of amount $41,817, the current approved amount is $41,817. The loan was approved on 01/16/2021 by The Fidelity Bank reported 14 jobs and $41,817 was used to fund payroll.

Red roof inn is Existing or more than 2 years old

PPP Loan Search / AR / West Memphis / Red roof inn

RED ROOF INN

Date Approved

01/16/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

RED ROOF INN

Borrower Address

1401 Ingram Blvd

Borrower City

West Memphis

Borrower State

AR

Borrower Zip

72301-2229

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41816.88

Current Approval Amount

41816.88

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

4845

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

330 W Broadway

Servicing Lender City

WEST MEMPHIS

Servicing Lender State

AR

Servicing Lender Zip

72301-3906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Memphis

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72301-2229

CD

AR-01

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41811.88

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

4845

Originating Lender

Fidelity Bank

Originating Lender City

WEST MEMPHIS

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42020.81

Forgiveness Date

07/26/2021

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