PPP Loan information for R & d hotels,llc

$59,087

R & d hotels,llc was initially approved for PPP Loan of amount $59,087, the current approved amount is $59,087. The loan was approved on 04/06/2020 by The The Malvern National Bank reported 18 jobs and $59,087 was used to fund payroll.

R & d hotels,llc is Existing or more than 2 years old

R & D HOTELS,LLC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

R & D HOTELS,LLC

Borrower Address

2660 SOUTH RIVERCREEK DR

Borrower City

MALVERN

Borrower State

AR

Borrower Zip

72104-8718

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59087.00

Current Approval Amount

59087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-8718

CD

AR-04

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8976.00

Payroll Proceed

49230.00

Mortgage Interest Proceed

881.00

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

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59606.64

Forgiveness Date

03/03/2021

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