PPP Loan information for Jmac lodging llc

$170,200

Jmac lodging llc was initially approved for PPP Loan of amount $170,200, the current approved amount is $170,200. The loan was approved on 02/04/2021 by The The First Bank and Trust Company reported 25 jobs and $170,200 was used to fund payroll.

Jmac lodging llc is Existing or more than 2 years old

JMAC LODGING LLC

Date Approved

02/04/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

JMAC LODGING LLC

Borrower Address

1217 Stewball Cir

Borrower City

Kingsport

Borrower State

TN

Borrower Zip

37660-5493

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170200.00

Current Approval Amount

170200.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

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

37660-5493

CD

TN-01

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

170198.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172261.31

Forgiveness Date

04/26/2022

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