Salado Hotel Group LLC

$74,700 PPP Loan in Salado, Texas

Loan Details

Loan Number
1540047110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$74,700
Current Approval
$74,700
Forgiveness Amount
$75,183
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Salado Hotel Group LLC
Address
1991 N Stagecoach Rd
City
Salado
State
Texas
ZIP Code
76571-5998
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-31

Loan Use Breakdown

Payroll
$59,760
Utilities
$12,315
Debt Interest
$2,625

Lender Information

Servicing Lender
Interbank
Originating Lender
Interbank

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