Budget Motels Inc.

$299,331 PPP Loan in Manassas, Virginia

Loan Details

Loan Number
1603648608
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$299,331
Current Approval
$299,331
Forgiveness Amount
$301,975
Forgiveness Date
Feb 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Budget Motels Inc.
Address
10605 Gaskins Way
ZIP Code
20109-2371
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
911 Restoration
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
VA-10

Loan Use Breakdown

Payroll
$299,329
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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