PPP Loan information for Red roof inn

$28,537

Red roof inn was initially approved for PPP Loan of amount $28,537, the current approved amount is $28,537. The loan was approved on 04/12/2020 by The Arkansas Capital Corporation reported 12 jobs and $28,537 was used to fund payroll.

Red roof inn is Existing or more than 2 years old

RED ROOF INN

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RED ROOF INN

Borrower Address

1401 INGRAM BLVD

Borrower City

WEST MEMPHIS

Borrower State

AR

Borrower Zip

72301-2229

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28536.52

Current Approval Amount

28536.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224779

Servicing Lender Name

Arkansas Capital Corporation

Servicing Lender Address

200 River Market Ave. Suite 400

Servicing Lender City

Little Rock

Servicing Lender State

AR

Servicing Lender Zip

72201-1728

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

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28536.52

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

224779

Originating Lender

Arkansas Capital Corporation

Originating Lender City

Little Rock

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28741.36

Forgiveness Date

01/08/2021

;