PPP Loan information for Red roof franchising, llc

$3,084,300

Red roof franchising, llc was initially approved for PPP Loan of amount $3,084,300, the current approved amount is $3,084,300. The loan was approved on 04/13/2020 by The Pathways Financial CU reported 170 jobs and $3,084,300 was used to fund payroll.

Red roof franchising, llc is Existing or more than 2 years old

RED ROOF FRANCHISING, LLC

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

RED ROOF FRANCHISING, LLC

Borrower Address

7815 WALTON PKWY

Borrower City

NEW ALBANY

Borrower State

OH

Borrower Zip

43054-8482

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

3084300.00

Current Approval Amount

3084300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108981

Servicing Lender Name

Pathways Financial CU

Servicing Lender Address

5665 N Hamilton Rd

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43230-8326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FRANKLIN

Project State

OH

Project Zip

43054-8482

CD

OH-03

Jobs Reported

170

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

308397.00

Payroll Proceed

2467506.00

Mortgage Interest Proceed

0.00

Rent Proceed

308397.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

108981

Originating Lender

Pathways Financial CU

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3124053.20

Forgiveness Date

08/02/2021

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