PPP Loan information for Florence hotel partners llc

$119,634

Florence hotel partners llc was initially approved for PPP Loan of amount $119,634, the current approved amount is $119,634. The loan was approved on 02/08/2021 by The Merit Bank reported 8 jobs and $119,634 was used to fund payroll.

Florence hotel partners llc is Existing or more than 2 years old

FLORENCE HOTEL PARTNERS LLC

Date Approved

02/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

FLORENCE HOTEL PARTNERS LLC

Borrower Address

180 Etta Gray St

Borrower City

Florence

Borrower State

AL

Borrower Zip

35630-9574

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119633.50

Current Approval Amount

119633.50

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-9574

CD

AL-05

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

119631.50

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120048.89

Forgiveness Date

06/15/2021

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