PPP Loan information for Motel management associates llc

$32,000

Motel management associates llc was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 04/15/2020 by The Fidelity Bank reported 6 jobs and $32,000 was used to fund payroll.

Motel management associates llc is Existing or more than 2 years old

MOTEL MANAGEMENT ASSOCIATES LLC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MOTEL MANAGEMENT ASSOCIATES LLC

Borrower Address

1190 E Airline Hwy.

Borrower City

LA PLACE

Borrower State

LA

Borrower Zip

70068

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79123

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

2550 Florida Street

Servicing Lender City

Mandeville

Servicing Lender State

LA

Servicing Lender Zip

70448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LA PLACE

Project County Name

ST JOHN THE BAPTIST

Project State

LA

Project Zip

70068-1600

CD

LA-06

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32000.00

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

79123

Originating Lender

Fidelity Bank

Originating Lender City

Mandeville

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32273.78

Forgiveness Date

02/24/2021

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