PPP Loan information for Watercress hotel associates llc

$235,627

Watercress hotel associates llc was initially approved for PPP Loan of amount $235,630, the current approved amount is $235,627. The loan was approved on 02/27/2021 by The Regions Bank reported 9 jobs and $235,627 was used to fund payroll.

Watercress hotel associates llc is Existing or more than 2 years old

PPP Loan Search / AL / Huntsville / Watercress hotel associates llc

WATERCRESS HOTEL ASSOCIATES LLC

Date Approved

02/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

WATERCRESS HOTEL ASSOCIATES LLC

Borrower Address

2600 Old Fairway Rd

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35806-6401

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

235630.00

Current Approval Amount

235627.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35806-6401

CD

AL-05

Jobs Reported

9

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

235622.00

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 Partnership

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

237344.17

Forgiveness Date

11/26/2021

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