PPP Loan information for Fairhope hospitality group llc

$149,000

Fairhope hospitality group llc was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 02/08/2021 by The River Bank & Trust reported 25 jobs and $149,000 was used to fund payroll.

Fairhope hospitality group llc is Existing or more than 2 years old

FAIRHOPE HOSPITALITY GROUP LLC

Date Approved

02/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

FAIRHOPE HOSPITALITY GROUP LLC

Borrower Address

23 N Section St

Borrower City

Fairhope

Borrower State

AL

Borrower Zip

36532-2204

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairhope

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-2204

CD

AL-01

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149000.00

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150365.83

Forgiveness Date

01/06/2022

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