Laredo Motel 6 Management Company, LLC

$75,000 PPP Loan in Laredo, Texas

Loan Details

Loan Number
4646017103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$75,000
Current Approval
$75,000
Forgiveness Amount
$75,610
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laredo Motel 6 Management Company, LLC
Address
7124 Rosson Lane
City
Laredo
State
Texas
ZIP Code
78041-1989
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Motel 6
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$60,010
Rent
$1,083
Utilities
$13,907

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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