PPP Loan information for Colonial inn llc

$40,758

Colonial inn llc was initially approved for PPP Loan of amount $40,758, the current approved amount is $40,758. The loan was approved on 01/29/2021 by The First Community Bank of East Tennessee reported 11 jobs and $40,758 was used to fund payroll.

Colonial inn llc is Existing or more than 2 years old

PPP Loan Search / TN / Kingsport / Colonial inn llc

COLONIAL INN LLC

Date Approved

01/29/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

COLONIAL INN LLC

Borrower Address

4234 Fort Henry Dr

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37663-2228

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40758.00

Current Approval Amount

40758.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

118116

Servicing Lender Name

First Community Bank of East Tennessee

Servicing Lender Address

809 W Main St

Servicing Lender City

ROGERSVILLE

Servicing Lender State

TN

Servicing Lender Zip

37857-3652

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kingsport

Project County Name

SULLIVAN

Project State

TN

Project Zip

37663-2228

CD

TN-01

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40756.00

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

118116

Originating Lender

First Community Bank of East Tennessee

Originating Lender City

ROGERSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40979.90

Forgiveness Date

08/27/2021

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