PPP Loan information for Gibson hotel management, inc

$224,400

Gibson hotel management, inc was initially approved for PPP Loan of amount $224,400, the current approved amount is $224,400. The loan was approved on 04/04/2020 by The Mountain Commerce Bank reported 15 jobs and $224,400 was used to fund payroll.

Gibson hotel management, inc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Gibson hotel management, inc

GIBSON HOTEL MANAGEMENT, INC

Date Approved

04/04/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GIBSON HOTEL MANAGEMENT, INC

Borrower Address

409 Montbrook Lane

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37919-2704

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224400.00

Current Approval Amount

224400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66985

Servicing Lender Name

Mountain Commerce Bank

Servicing Lender Address

6101 Kingston Pk

Servicing Lender City

KNOXVILLE

Servicing Lender State

TN

Servicing Lender Zip

37919-4020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37919-2704

CD

TN-02

Jobs Reported

15

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224400.00

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

66985

Originating Lender

Mountain Commerce Bank

Originating Lender City

KNOXVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

227267.33

Forgiveness Date

07/14/2021

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