249 HOTELS LLC (TX) - 2020 PPP Loan Borrower Profile (# 5881387005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 249 HOTELS 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 Texas.

Loan Detail

Loan Number

5881387005

SBA Office Code

0671

Processing Method

PPP

Curent Loan Amount

$28,446.9

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$28,677.64

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,220

Payroll Proced

21,335.18

Mortgage Interest Proceed

3,891.72

Lender

State Bank of Texas

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

HOUSTON, TX

Project Location

HOUSTON, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.