PPP Loan information for Hotel management services inc.

$1,893,308

Hotel management services inc. was initially approved for PPP Loan of amount $1,893,308, the current approved amount is $1,893,308. The loan was approved on 01/21/2021 by The The First Bank and Trust Company reported 286 jobs and $1,893,308 was used to fund payroll.

Hotel management services inc. is Existing or more than 2 years old

HOTEL MANAGEMENT SERVICES INC.

Date Approved

01/21/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

HOTEL MANAGEMENT SERVICES INC.

Borrower Address

2304 Silverdale Dr Ste 200

Borrower City

Johnson City

Borrower State

TN

Borrower Zip

37601-2590

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1893307.50

Current Approval Amount

1893307.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnson City

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-2590

CD

TN-01

Jobs Reported

286

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1893307.50

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1904877.71

Forgiveness Date

09/08/2021

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