Pi New Iberia Hotels LLC

$315,000 PPP Loan in New Iberia, Louisiana

Loan Details

Loan Number
5182228403
Date Approved
Feb 8, 2021
Loan Status
Paid in Full
Initial Approval
$315,000
Current Approval
$315,000
Forgiveness Amount
$319,786
Forgiveness Date
Aug 18, 2022
Term
24 months
Draw
Second Draw

Business Information

Business Name
Pi New Iberia Hotels LLC
Address
318 U.s. 90 Frontage Rd
ZIP Code
70560
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$314,996
Utilities
$1

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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