Date Approved
01/28/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
SOUTHERN HOSPITALITY LLC
Borrower Address
9075 Forest Centre Dr
Borrower City
Germantown
Borrower State
TN
Borrower Zip
38138-7855
Loan Status Date
04/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
318715.49
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Courtyard by Marriott
Servicing Lender Location Id
4679
Servicing Lender Name
Simmons Bank
Servicing Lender Address
501 Main St
Servicing Lender City
PINE BLUFF
Servicing Lender State
AR
Servicing Lender Zip
71601-4327
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHELBY
Project State
Project Zip
CD
TN-08
Jobs Reported
24
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
318710.49
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
322256.77
Forgiveness Date
03/10/2022