Carothers Hotel Partners, LLC

$972,800 PPP Loan in Franklin, Tennessee

Loan Details

Loan Number
5699797003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$972,800
Current Approval
$972,800
Forgiveness Amount
$983,433
Forgiveness Date
Aug 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carothers Hotel Partners, LLC
Address
5000 Meridian Blvd Suite 750
ZIP Code
37067-6664
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
New Business or 2 years or less
Jobs Reported
121
Estimated Revenue
$37.8M
Rural/Urban
Urban
Congressional District
TN-07

Loan Use Breakdown

Payroll
$729,929
Utilities
$75,000
Mortgage Interest
$167,871

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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