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
- City
- Montgomery
- 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
Other PPP Loans in Montgomery, AL
| Business | Approved | |
|---|---|---|
| Turenne & Associates, LLC | $5,553,700 | |
| Capitol Business Equipment, Inc. | $5,254,049 | |
| Premier Kings, Inc. | $4,649,000 | |
| Beasley, Allen, Crow, Methvin, Portis & Miles, P.c. | $4,202,424 | |
| Faulkner University | $3,654,500 |
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