Motel Enterprises Inc.

$1,309,885 PPP Loan in Bogart, Georgia

Loan Details

Loan Number
9059788606
Date Approved
Mar 25, 2021
Loan Status
Paid in Full
Initial Approval
$1,309,885
Current Approval
$1,309,885
Forgiveness Amount
$1,325,021
Forgiveness Date
May 23, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Motel Enterprises Inc.
Address
134 Elder St
City
Bogart
State
Georgia
ZIP Code
30622-1500
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn
Business Age
Existing or more than 2 years old
Jobs Reported
272
Estimated Revenue
$85.1M
Rural/Urban
Rural
Congressional District
GA-10

Loan Use Breakdown

Payroll
$1,309,879
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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