PPP Loan information for O'springs inn - w llc

$220,293

O'springs inn - w llc was initially approved for PPP Loan of amount $220,293, the current approved amount is $220,293. The loan was approved on 03/12/2021 by The The First Bank and Trust Company reported 27 jobs and $220,293 was used to fund payroll.

O'springs inn - w llc is Existing or more than 2 years old

O'SPRINGS INN - W LLC

Date Approved

03/12/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

O'SPRINGS INN - W LLC

Borrower Address

1501 Bluff City Hwy

Borrower City

Bristol

Borrower State

TN

Borrower Zip

37620-6018

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220293.00

Current Approval Amount

220293.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

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

Bristol

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-6018

CD

TN-01

Jobs Reported

27

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

220288.00

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

222238.92

Forgiveness Date

02/07/2022

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