PPP Loan information for Knoxville hotel partners, llc

$434,560

Knoxville hotel partners, llc was initially approved for PPP Loan of amount $537,099, the current approved amount is $434,560. The loan was approved on 04/14/2020 by The First Freedom Bank reported 60 jobs and $434,560 was used to fund payroll.

Knoxville hotel partners, llc is Existing or more than 2 years old

KNOXVILLE HOTEL PARTNERS, LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KNOXVILLE HOTEL PARTNERS, LLC

Borrower Address

507 S GAY ST

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37902-3206

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537099.00

Current Approval Amount

434560.20

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

440697

Servicing Lender Name

First Freedom Bank

Servicing Lender Address

1620 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3102

Rural Urban Indicator

U

Hubzone Indicator

Y

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

37902-3206

CD

TN-02

Jobs Reported

60

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325920.15

Mortgage Interest Proceed

108640.05

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

440697

Originating Lender

First Freedom Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

439835.28

Forgiveness Date

06/28/2021

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