PPP Loan information for Speedway hotel llc

$71,400

Speedway hotel llc was initially approved for PPP Loan of amount $71,400, the current approved amount is $71,400. The loan was approved on 02/12/2021 by The German American Bank reported 9 jobs and $71,400 was used to fund payroll.

Speedway hotel llc is Existing or more than 2 years old

SPEEDWAY HOTEL LLC

Date Approved

02/12/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

SPEEDWAY HOTEL LLC

Borrower Address

525 Dale Dr

Borrower City

Sparta

Borrower State

KY

Borrower Zip

41086-8749

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71400.00

Current Approval Amount

71400.00

Undisbursed Amount

0.00

Franchise Name

Ramada by Wyndham

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sparta

Project County Name

GALLATIN

Project State

KY

Project Zip

41086-8749

CD

KY-04

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71398.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71896.87

Forgiveness Date

11/01/2021

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