PPP Loan information for Speedway hotel group, llc

$40,185

Speedway hotel group, llc was initially approved for PPP Loan of amount $40,391, the current approved amount is $40,185. The loan was approved on 04/07/2020 by The Bank of Tennessee reported 12 jobs and $40,185 was used to fund payroll.

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

SPEEDWAY HOTEL GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SPEEDWAY HOTEL GROUP, LLC

Borrower Address

1014 OLD AIRPORT RD

Borrower City

BRISTOL

Borrower State

VA

Borrower Zip

24201

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40391.37

Current Approval Amount

40184.80

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

24201-0001

CD

VA-01

Jobs Reported

12

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40184.80

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40588.88

Forgiveness Date

04/13/2021

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