PPP Loan information for Shoals hospitality

$87,990

Shoals hospitality was initially approved for PPP Loan of amount $87,990, the current approved amount is $87,990. The loan was approved on 01/23/2021 by The First Metro Bank reported 8 jobs and $87,990 was used to fund payroll.

Shoals hospitality is Existing or more than 2 years old

PPP Loan Search / AL / Tuscumbia / Shoals hospitality

SHOALS HOSPITALITY

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHOALS HOSPITALITY

Borrower Address

1852 Highway 72 E

Borrower City

Tuscumbia

Borrower State

AL

Borrower Zip

35674-4515

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87990.00

Current Approval Amount

87990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tuscumbia

Project County Name

COLBERT

Project State

AL

Project Zip

35674-4515

CD

AL-04

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87985.00

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

Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88422.62

Forgiveness Date

07/27/2021

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