PPP Loan information for Ridgeland hotel partners, llc

$384,500

Ridgeland hotel partners, llc was initially approved for PPP Loan of amount $384,500, the current approved amount is $384,500. The loan was approved on 01/15/2021 by The Southern Bancorp Bank reported 50 jobs and $384,500 was used to fund payroll.

Ridgeland hotel partners, llc is Existing or more than 2 years old

RIDGELAND HOTEL PARTNERS, LLC

Date Approved

01/15/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

RIDGELAND HOTEL PARTNERS, LLC

Borrower Address

200 Township Pl

Borrower City

Ridgeland

Borrower State

MS

Borrower Zip

39157-8679

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

384500.00

Current Approval Amount

384500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgeland

Project County Name

MADISON

Project State

MS

Project Zip

39157-8679

CD

MS-03

Jobs Reported

50

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

384498.00

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

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

387302.11

Forgiveness Date

10/15/2021

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