Colonial Hospitality, Inc.

$55,920 PPP Loan in Locust Grove, Georgia

Loan Details

Loan Number
3863967206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$55,920
Current Approval
$55,920
Forgiveness Amount
$56,329
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Hospitality, Inc.
Address
4699 Bill Gardner Pkwy
State
Georgia
ZIP Code
30248-2437
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Comfort Inn by Choice Hotels/comfort Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
GA-10

Loan Use Breakdown

Payroll
$44,736
Mortgage Interest
$11,184

Lender Information

Servicing Lender
Planters & Citizens Bank
Originating Lender
Planters & Citizens Bank

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