PPP Loan information for Mg hotel latta llc

$92,872

Mg hotel latta llc was initially approved for PPP Loan of amount $92,872, the current approved amount is $92,872. The loan was approved on 02/23/2021 by The Anderson Brothers Bank reported 22 jobs and $92,872 was used to fund payroll.

Mg hotel latta llc is Existing or more than 2 years old

MG HOTEL LATTA LLC

Date Approved

02/23/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MG HOTEL LATTA LLC

Borrower Address

1534 Highway 38 W

Borrower City

Latta

Borrower State

SC

Borrower Zip

29565-4225

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92872.00

Current Approval Amount

92872.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

66230

Servicing Lender Name

Anderson Brothers Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

MULLINS

Servicing Lender State

SC

Servicing Lender Zip

29574-2727

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Latta

Project County Name

DILLON

Project State

SC

Project Zip

29565-4225

CD

SC-07

Jobs Reported

22

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92869.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66230

Originating Lender

Anderson Brothers Bank

Originating Lender City

MULLINS

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93385.98

Forgiveness Date

09/15/2021

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