PPP Loan information for Acumen hospitality llc

$119,735

Acumen hospitality llc was initially approved for PPP Loan of amount $119,735, the current approved amount is $119,735. The loan was approved on 04/03/2021 by The First Basin CU reported 14 jobs and $119,735 was used to fund payroll.

Acumen hospitality llc is Existing or more than 2 years old

ACUMEN HOSPITALITY LLC

Date Approved

04/03/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

ACUMEN HOSPITALITY LLC

Borrower Address

1800 Beal Pkwy

Borrower City

Midland

Borrower State

TX

Borrower Zip

79703-6833

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119735.00

Current Approval Amount

119735.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

106226

Servicing Lender Name

First Basin CU

Servicing Lender Address

2740 N County Rd W

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79764-1664

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79703-6833

CD

TX-11

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119734.00

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

106226

Originating Lender

First Basin CU

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120909.39

Forgiveness Date

04/04/2022

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