Mhg-Epicentre I, LLC

$881,456 PPP Loan in Gainesville, Georgia

Loan Details

Loan Number
1508877101
Date Approved
Apr 10, 2020
Loan Status
Exemption 4
Initial Approval
$881,456
Current Approval
$881,456
Forgiveness Amount
$594,838
Forgiveness Date
Jul 7, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Mhg-Epicentre I, LLC
Address
402 Washington St SE Suite 200
State
Georgia
ZIP Code
30501-3619
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Residence Inn by Marriott
Business Age
Existing or more than 2 years old
Jobs Reported
134
Estimated Revenue
$41.9M
Rural/Urban
Urban
Congressional District
GA-09

Loan Use Breakdown

Payroll
$201,799
Utilities
$37,204
Mortgage Interest
$385,687
Debt Interest
$256,766

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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