PPP Loan information for Merit hospitality llc

$109,661

Merit hospitality llc was initially approved for PPP Loan of amount $109,661, the current approved amount is $109,661. The loan was approved on 02/04/2021 by The Open Bank reported 20 jobs and $109,661 was used to fund payroll.

Merit hospitality llc is Existing or more than 2 years old

PPP Loan Search / AZ / Sierra Vista / Merit hospitality llc

MERIT HOSPITALITY LLC

Date Approved

02/04/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

MERIT HOSPITALITY LLC

Borrower Address

4100 Snyder Blvd

Borrower City

Sierra Vista

Borrower State

AZ

Borrower Zip

85635-4631

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109661.23

Current Approval Amount

109661.23

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

434588

Servicing Lender Name

Open Bank

Servicing Lender Address

1000 Wilshire Blvd, Ste 500

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017-2462

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sierra Vista

Project County Name

COCHISE

Project State

AZ

Project Zip

85635-4631

CD

AZ-06

Jobs Reported

20

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109660.23

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

434588

Originating Lender

Open Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111241.55

Forgiveness Date

07/20/2022

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