PPP Loan information for Speedway hotel llc

$51,000

Speedway hotel llc was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 04/08/2020 by The German American Bank reported 11 jobs and $51,000 was used to fund payroll.

Speedway hotel llc is Existing or more than 2 years old

SPEEDWAY HOTEL LLC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SPEEDWAY HOTEL LLC

Borrower Address

525 DALE DR

Borrower City

SPARTA

Borrower State

KY

Borrower Zip

41086-8749

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

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

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51000.00

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

51399.62

Forgiveness Date

01/26/2021

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