PPP Loan information for Fortune inns, inc.

$68,500

Fortune inns, inc. was initially approved for PPP Loan of amount $68,500, the current approved amount is $68,500. The loan was approved on 04/15/2020 by The Merchants & Planters Bank reported 15 jobs and $68,500 was used to fund payroll.

Fortune inns, inc. is Existing or more than 2 years old

PPP Loan Search / AR / NEWPORT / Fortune inns, inc.

FORTUNE INNS, INC.

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FORTUNE INNS, INC.

Borrower Address

901 HIGHWAY 367

Borrower City

NEWPORT

Borrower State

AR

Borrower Zip

72112-2952

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68500.00

Current Approval Amount

68500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4611

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

120 Hazel St

Servicing Lender City

NEWPORT

Servicing Lender State

AR

Servicing Lender Zip

72112-3310

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

JACKSON

Project State

AR

Project Zip

72112-2952

CD

AR-01

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68500.00

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

Subchapter S Corporation

Originating Lender Location Id

4611

Originating Lender

Merchants & Planters Bank

Originating Lender City

NEWPORT

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69406.45

Forgiveness Date

08/19/2021

;