PPP Loan information for Madison hotel property investment llc

$707,700

Madison hotel property investment llc was initially approved for PPP Loan of amount $707,700, the current approved amount is $707,700. The loan was approved on 02/16/2021 by The Coastal States Bank reported 30 jobs and $707,700 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

02/16/2021

SBA Office Code

0474

Processing Method

PPS

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

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

707700.00

Current Approval Amount

707700.00

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

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

707698.00

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

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

717273.61

Forgiveness Date

06/22/2022

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