PPP Loan information for Horizon motel inc

$69,832

Horizon motel inc was initially approved for PPP Loan of amount $69,832, the current approved amount is $69,832. The loan was approved on 02/07/2021 by The Simmons Bank reported 10 jobs and $69,832 was used to fund payroll.

Horizon motel inc is Existing or more than 2 years old

PPP Loan Search / TN / Brentwood / Horizon motel inc

HORIZON MOTEL INC

Date Approved

02/07/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

HORIZON MOTEL INC

Borrower Address

9510 Elmbrooke Blvd

Borrower City

Brentwood

Borrower State

TN

Borrower Zip

37027-0502

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69832.00

Current Approval Amount

69832.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brentwood

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37027-0502

CD

TN-07

Jobs Reported

10

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

69829.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70218.02

Forgiveness Date

09/01/2021

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