PPP Loan information for Sleep inn & suites hotel

$70,380

Sleep inn & suites hotel was initially approved for PPP Loan of amount $70,380, the current approved amount is $70,380. The loan was approved on 04/07/2020 by The Origin Bank reported 22 jobs and $70,380 was used to fund payroll.

Sleep inn & suites hotel is Existing or more than 2 years old

PPP Loan Search / LA / RUSTON / Sleep inn & suites hotel

SLEEP INN & SUITES HOTEL

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SLEEP INN & SUITES HOTEL

Borrower Address

106 S SERVICE RD

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-3450

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70380.00

Current Approval Amount

70380.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-3450

CD

LA-05

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3519.00

Payroll Proceed

52785.00

Mortgage Interest Proceed

14076.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70903.94

Forgiveness Date

01/08/2021

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