Montgomery Downtown Hotels, LLC

$241,434 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
2814567105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$241,434
Current Approval
$241,434
Forgiveness Amount
$243,049
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montgomery Downtown Hotels, LLC
Address
120 Madison Ave
State
Alabama
ZIP Code
36104-3624
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Doubletree by Hilton
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$193,147
Utilities
$24,143
Mortgage Interest
$24,143

Lender Information

Servicing Lender
The Citizens National Bank of Meridian
Originating Lender
The Citizens National Bank of Meridian

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