Lakefront Trail Rockwall Hotel LP

$218,000 PPP Loan in Rockwall, Texas

Loan Details

Loan Number
3423488610
Date Approved
Mar 17, 2021
Loan Status
Paid in Full
Initial Approval
$218,000
Current Approval
$218,000
Forgiveness Amount
$219,387
Forgiveness Date
Nov 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lakefront Trail Rockwall Hotel LP
Address
3021 Ridge Rd A-120
State
Texas
ZIP Code
75032-5830
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Springhill Suites by Marriott
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
TX-04

Loan Use Breakdown

Payroll
$217,998
Utilities
$1

Lender Information

Servicing Lender
Verabank, National Association
Originating Lender
Verabank, National Association

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