PPP Loan information for T or c lodging inc

$70,300

T or c lodging inc was initially approved for PPP Loan of amount $70,300, the current approved amount is $70,300. The loan was approved on 04/14/2020 by The Bank of the Southwest reported 12 jobs and $70,300 was used to fund payroll.

T or c lodging inc is Existing or more than 2 years old

T OR C LODGING INC

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

T OR C LODGING INC

Borrower Address

2201 F. G. Amin St

Borrower City

TRUTH OR CONSEQUENCES

Borrower State

NM

Borrower Zip

87901

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70300.00

Current Approval Amount

70300.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRUTH OR CONSEQUENCES

Project County Name

SIERRA

Project State

NM

Project Zip

87901-0001

CD

NM-02

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70300.00

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

Subchapter S Corporation

Originating Lender Location Id

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70796.92

Forgiveness Date

01/08/2021

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