Budget Inns Inc.

$331,200 PPP Loan in Meridian, Mississippi

Loan Details

Loan Number
9742947005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$331,200
Current Approval
$331,200
Forgiveness Amount
$334,641
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Budget Inns Inc.
Address
109 Highway 11 and 80
ZIP Code
39301-4592
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$27.5M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$265,010
Utilities
$37,430
Health Care
$14,258
Mortgage Interest
$14,502

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

Other PPP Loans in Meridian, MS

BusinessApproved
East Mississippi Electric Power Association$2,761,500NewBizBotResearch
Hotel & Restaurant Supply$2,680,300NewBizBotResearch
Structural Steel Services, INC$2,536,880NewBizBotResearch
Van Zyverden Inc.$2,379,300NewBizBotResearch
A&b Electric Co. Inc.$1,556,440NewBizBotResearch

Want to research this company further?

Try NewBizBot free