PPP Loan information for L & d hotels inc.

$70,962

L & d hotels inc. was initially approved for PPP Loan of amount $70,962, the current approved amount is $70,962. The loan was approved on 01/20/2021 by The Troy Bank & Trust Company reported 12 jobs and $70,962 was used to fund payroll.

L & d hotels inc. is Existing or more than 2 years old

L & D HOTELS INC.

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

L & D HOTELS INC.

Borrower Address

2910 Ross Clark Cir

Borrower City

Dothan

Borrower State

AL

Borrower Zip

36301-1120

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70961.87

Current Approval Amount

70961.87

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dothan

Project County Name

HOUSTON

Project State

AL

Project Zip

36301-1120

CD

AL-02

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70958.87

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

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71317.65

Forgiveness Date

07/30/2021

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