7 DRAYTON STREET HOTEL MT LLC (GA) - 2020 PPP Loan Borrower Profile (# 7204427006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 7 DRAYTON STREET HOTEL MT LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Georgia.

Loan Detail

Loan Number

7204427006

SBA Office Code

0405

Processing Method

PPP

Curent Loan Amount

$630,900

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$636,483.03

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

62,950

Payroll Proced

505,000

Rent Proceed

62,950

Lender

Ameris Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

SAVANNAH, GA

Project Location

SAVANNAH, GA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.