PPP Loan information for Ruston preferred hotels llc

$30,000

Ruston preferred hotels llc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/27/2020 by The Cadence Bank reported 9 jobs and $30,000 was used to fund payroll.

Ruston preferred hotels llc is Existing or more than 2 years old

RUSTON PREFERRED HOTELS LLC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RUSTON PREFERRED HOTELS LLC

Borrower Address

1951 N SERVICE RD E

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-2357

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-2357

CD

LA-05

Jobs Reported

9

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30039.17

Forgiveness Date

04/13/2021

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