PPP Loan information for Best western sherwood motor inn

$64,400

Best western sherwood motor inn was initially approved for PPP Loan of amount $64,400, the current approved amount is $64,400. The loan was approved on 01/27/2021 by The First Security Bank reported 15 jobs and $64,400 was used to fund payroll.

Best western sherwood motor inn is Existing or more than 2 years old

BEST WESTERN SHERWOOD MOTOR INN

Date Approved

01/27/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

BEST WESTERN SHERWOOD MOTOR INN

Borrower Address

1207 S Rogers St

Borrower City

Clarksville

Borrower State

AR

Borrower Zip

72830-9106

Loan Status Date

11/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64400.00

Current Approval Amount

64400.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarksville

Project County Name

JOHNSON

Project State

AR

Project Zip

72830-9106

CD

AR-04

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

64397.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64670.12

Forgiveness Date

07/06/2021

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