PPP Loan information for Economy inns, inc

$29,204

Economy inns, inc was initially approved for PPP Loan of amount $29,204, the current approved amount is $29,204. The loan was approved on 04/27/2020 by The The Peoples Bank reported 12 jobs and $29,204 was used to fund payroll.

Economy inns, inc is Existing or more than 2 years old

ECONOMY INNS, INC

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ECONOMY INNS, INC

Borrower Address

1870 BEACH BLVD

Borrower City

BILOXI

Borrower State

MS

Borrower Zip

39531-5208

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29204.00

Current Approval Amount

29204.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39155

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

152 Lameuse St

Servicing Lender City

BILOXI

Servicing Lender State

MS

Servicing Lender Zip

39530-4214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BILOXI

Project County Name

HARRISON

Project State

MS

Project Zip

39531-5208

CD

MS-04

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29204.00

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

Corporation

Originating Lender Location Id

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29564.18

Forgiveness Date

07/19/2021

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