PPP Loan information for Southwest motels inc

$50,284

Southwest motels inc was initially approved for PPP Loan of amount $50,284, the current approved amount is $50,284. The loan was approved on 02/12/2021 by The TD Bank, National Association reported 5 jobs and $50,284 was used to fund payroll.

Southwest motels inc is Existing or more than 2 years old

SOUTHWEST MOTELS INC

Date Approved

02/12/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SOUTHWEST MOTELS INC

Borrower Address

1415 S Ocean Blvd

Borrower City

North Myrtle Beach

Borrower State

SC

Borrower Zip

29582-3849

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50284.00

Current Approval Amount

50284.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Myrtle Beach

Project County Name

HORRY

Project State

SC

Project Zip

29582-3849

CD

SC-07

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50282.00

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

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50603.86

Forgiveness Date

10/06/2021

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