Fortune Inns, Inc.
$68,500 PPP Loan in Newport, Arkansas
Loan Details
- Loan Number
- 8732397106
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $68,500
- Current Approval
- $68,500
- Forgiveness Amount
- $69,406
- Forgiveness Date
- Aug 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fortune Inns, Inc.
- Address
- 901 Highway 367
- City
- Newport
- State
- Arkansas
- ZIP Code
- 72112-2952
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AR-01
Loan Use Breakdown
- Payroll
- $68,500
Lender Information
- Servicing Lender
- Merchants & Planters Bank
- Originating Lender
- Merchants & Planters Bank
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| The Waters of Newport, LLC | $731,107 |  Research |
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