PPP Loan information for Shoals hospitality inc

$29,800

Shoals hospitality inc was initially approved for PPP Loan of amount $29,800, the current approved amount is $29,800. The loan was approved on 04/08/2020 by The First Metro Bank reported 10 jobs and $29,800 was used to fund payroll.

Shoals hospitality inc is Existing or more than 2 years old

PPP Loan Search / AL / TUSCUMBIA / Shoals hospitality inc

SHOALS HOSPITALITY INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SHOALS HOSPITALITY INC

Borrower Address

1852 HIGHWAY 72

Borrower City

TUSCUMBIA

Borrower State

AL

Borrower Zip

35674-4515

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29800.00

Current Approval Amount

29800.00

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

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2980.00

Payroll Proceed

22350.00

Mortgage Interest Proceed

4470.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19918.25

Forgiveness Date

11/17/2020

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