PPP Loan information for Acorn hospitality llc

$101,500

Acorn hospitality llc was initially approved for PPP Loan of amount $101,500, the current approved amount is $101,500. The loan was approved on 01/19/2021 by The Peoples Exchange Bank reported 15 jobs and $101,500 was used to fund payroll.

Acorn hospitality llc is Existing or more than 2 years old

ACORN HOSPITALITY LLC

Date Approved

01/19/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ACORN HOSPITALITY LLC

Borrower Address

111 Bahama Ct

Borrower City

Richmond

Borrower State

KY

Borrower Zip

40475-1189

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101500.00

Current Approval Amount

101500.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

MADISON

Project State

KY

Project Zip

40475-1189

CD

KY-06

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

101496.00

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

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102066.71

Forgiveness Date

08/11/2021

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