PPP Loan information for Hotel development and management

$447,262

Hotel development and management was initially approved for PPP Loan of amount $447,262, the current approved amount is $447,262. The loan was approved on 01/30/2021 by The Ameris Bank reported 25 jobs and $447,262 was used to fund payroll.

Hotel development and management is Existing or more than 2 years old

HOTEL DEVELOPMENT AND MANAGEMENT

Date Approved

01/30/2021

SBA Office Code

0491

Processing Method

PPS

Borrower Name

HOTEL DEVELOPMENT AND MANAGEMENT

Borrower Address

1920 SW 12th Ave

Borrower City

Ocala

Borrower State

FL

Borrower Zip

34471-1263

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

447262.00

Current Approval Amount

447262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocala

Project County Name

MARION

Project State

FL

Project Zip

34471-1263

CD

FL-03

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

447257.00

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

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

449185.84

Forgiveness Date

07/16/2021

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