Senate Hotel Memphis Spe, LLC
$1,012,900 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 7447547001
- Date Approved
- Apr 7, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $1,012,900
- Current Approval
- $1,012,900
- Forgiveness Amount
- $955,619
- Forgiveness Date
- May 26, 2021
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Senate Hotel Memphis Spe, LLC
- Address
- 170 Lt. George W. Lee Avenue
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38103
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 101
- Estimated Revenue
- $31.6M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $759,700
- Rent
- $800
- Utilities
- $83,200
- Mortgage Interest
- $169,200
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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