PPP Loan information for Magness hospitality llc

$250,664

Magness hospitality llc was initially approved for PPP Loan of amount $250,664, the current approved amount is $250,664. The loan was approved on 01/30/2021 by The FNBC Bank reported 27 jobs and $250,664 was used to fund payroll.

Magness hospitality llc is Existing or more than 2 years old

PPP Loan Search / AR / Mountain Home / Magness hospitality llc

MAGNESS HOSPITALITY LLC

Date Approved

01/30/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MAGNESS HOSPITALITY LLC

Borrower Address

1005 Coley Dr

Borrower City

Mountain Home

Borrower State

AR

Borrower Zip

72653-2525

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250664.00

Current Approval Amount

250664.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

4099

Servicing Lender Name

FNBC Bank

Servicing Lender Address

636 Ash Flat Dr

Servicing Lender City

ASH FLAT

Servicing Lender State

AR

Servicing Lender Zip

72513-9428

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountain Home

Project County Name

BAXTER

Project State

AR

Project Zip

72653-2525

CD

AR-01

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250664.00

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

4099

Originating Lender

FNBC Bank

Originating Lender City

ASH FLAT

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251959.10

Forgiveness Date

08/09/2021

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