PPP Loan information for Madison hotel property investment , llc

$505,500

Madison hotel property investment , llc was initially approved for PPP Loan of amount $505,500, the current approved amount is $505,500. The loan was approved on 04/15/2020 by The Coastal States Bank reported 50 jobs and $505,500 was used to fund payroll.

Madison hotel property investment , llc is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Madison hotel property investment , llc

MADISON HOTEL PROPERTY INVESTMENT , LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MADISON HOTEL PROPERTY INVESTMENT , LLC

Borrower Address

801 BROAD ST, STE 200

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37402-2631

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505500.00

Current Approval Amount

505500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37402-2631

CD

TN-03

Jobs Reported

50

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25275.00

Payroll Proceed

379125.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

101100

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512801.67

Forgiveness Date

10/04/2021

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