PPP Loan information for Vstar hospitality

$61,382

Vstar hospitality was initially approved for PPP Loan of amount $61,382, the current approved amount is $61,382. The loan was approved on 04/10/2020 by The Mountain Commerce Bank reported 16 jobs and $61,382 was used to fund payroll.

Vstar hospitality is Existing or more than 2 years old

VSTAR HOSPITALITY

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

VSTAR HOSPITALITY

Borrower Address

361 FOUNTAIN VIEW CIR

Borrower City

ALCOA

Borrower State

TN

Borrower Zip

37701-1945

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61382.00

Current Approval Amount

61382.00

Undisbursed Amount

0.00

Franchise Name

MainStay Suites by Choice Hotels

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALCOA

Project County Name

BLOUNT

Project State

TN

Project Zip

37701-1945

CD

TN-02

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3836.38

Payroll Proceed

46036.50

Mortgage Interest Proceed

0.00

Rent Proceed

11509.12

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62000.94

Forgiveness Date

04/15/2021

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