PPP Loan information for Searcy lodging llc

$137,000

Searcy lodging llc was initially approved for PPP Loan of amount $137,000, the current approved amount is $137,000. The loan was approved on 01/20/2021 by The Commercial Bank of Texas, N.A. reported 16 jobs and $137,000 was used to fund payroll.

Searcy lodging llc is Existing or more than 2 years old

SEARCY LODGING LLC

Date Approved

01/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SEARCY LODGING LLC

Borrower Address

3660 Ferren Trl

Borrower City

Searcy

Borrower State

AR

Borrower Zip

72143-9028

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137000.00

Current Approval Amount

137000.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

71501

Servicing Lender Name

Commercial Bank of Texas, N.A.

Servicing Lender Address

215 E Main St

Servicing Lender City

NACOGDOCHES

Servicing Lender State

TX

Servicing Lender Zip

75961-5257

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Searcy

Project County Name

WHITE

Project State

AR

Project Zip

72143-9028

CD

AR-02

Jobs Reported

16

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

136994.00

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 Partnership

Originating Lender Location Id

71501

Originating Lender

Commercial Bank of Texas, N.A.

Originating Lender City

NACOGDOCHES

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138039.70

Forgiveness Date

10/26/2021

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