PPP Loan information for Speedway hotel group llc

$62,853

Speedway hotel group llc was initially approved for PPP Loan of amount $62,853, the current approved amount is $62,853. The loan was approved on 01/22/2021 by The Bank of Tennessee reported 11 jobs and $62,853 was used to fund payroll.

Speedway hotel group llc is Existing or more than 2 years old

SPEEDWAY HOTEL GROUP LLC

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SPEEDWAY HOTEL GROUP LLC

Borrower Address

1014 Old Airport Rd

Borrower City

Bristol

Borrower State

VA

Borrower Zip

24201-8364

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62853.00

Current Approval Amount

62853.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67108

Servicing Lender Name

Bank of Tennessee

Servicing Lender Address

301 E Center St

Servicing Lender City

KINGSPORT

Servicing Lender State

TN

Servicing Lender Zip

37660-4801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

BRISTOL

Project State

VA

Project Zip

24201-8364

CD

VA-09

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62847.00

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

67108

Originating Lender

Bank of Tennessee

Originating Lender City

KINGSPORT

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63354.08

Forgiveness Date

11/09/2021

;