PPP Loan information for Tramlaw motel corporation

$154,000

Tramlaw motel corporation was initially approved for PPP Loan of amount $154,000, the current approved amount is $154,000. The loan was approved on 02/07/2021 by The First Financial Bank reported 26 jobs and $154,000 was used to fund payroll.

Tramlaw motel corporation is Existing or more than 2 years old

TRAMLAW MOTEL CORPORATION

Date Approved

02/07/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

TRAMLAW MOTEL CORPORATION

Borrower Address

300 Holiday Dr

Borrower City

Forrest City

Borrower State

AR

Borrower Zip

72335-9177

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154000.00

Current Approval Amount

154000.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

80415

Servicing Lender Name

First Financial Bank

Servicing Lender Address

300 E Peach St

Servicing Lender City

El Dorado

Servicing Lender State

AR

Servicing Lender Zip

71730-5707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forrest City

Project County Name

SAINT FRANCIS

Project State

AR

Project Zip

72335-9177

CD

AR-01

Jobs Reported

26

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

153996.00

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

80415

Originating Lender

First Financial Bank

Originating Lender City

El Dorado

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155599.07

Forgiveness Date

02/23/2022

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