PPP Loan information for Acr hotels

$40,700

Acr hotels was initially approved for PPP Loan of amount $40,700, the current approved amount is $40,700. The loan was approved on 04/14/2020 by The SmartBank reported 8 jobs and $40,700 was used to fund payroll.

Acr hotels is Existing or more than 2 years old

ACR HOTELS

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ACR HOTELS

Borrower Address

134 E. WEARS VALLEY RD

Borrower City

PIGEON FORGE

Borrower State

TN

Borrower Zip

37863-3260

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40700.00

Current Approval Amount

40700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIGEON FORGE

Project County Name

SEVIER

Project State

TN

Project Zip

37863-3260

CD

TN-01

Jobs Reported

8

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40700.00

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

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41031.18

Forgiveness Date

02/09/2021

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