Econo Lodge

$29,305 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
8485667302
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$29,305
Current Approval
$29,305
Forgiveness Amount
$29,530
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Econo Lodge
Address
1655 County Rd 437
State
Alabama
ZIP Code
35055-1215
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Econo Lodge by Choice Hotels/econo Lodge Inn & Suites by Choice Hotels
Business Age
New Business or 2 years or less
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$21,979
Rent
$2,000
Utilities
$3,326
Mortgage Interest
$2,000

Lender Information

Servicing Lender
Premier Bank of the South
Originating Lender
Premier Bank of the South

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