PPP Loan information for Aaruti hospitality inc.

$67,600

Aaruti hospitality inc. was initially approved for PPP Loan of amount $67,600, the current approved amount is $67,600. The loan was approved on 01/23/2021 by The TowneBank reported 7 jobs and $67,600 was used to fund payroll.

Aaruti hospitality inc. is Existing or more than 2 years old

AARUTI HOSPITALITY INC.

Date Approved

01/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AARUTI HOSPITALITY INC.

Borrower Address

8023 Wade Green Pl

Borrower City

Cary

Borrower State

NC

Borrower Zip

27519-1517

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67600.00

Current Approval Amount

67600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27519-1517

CD

NC-02

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

67598.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

68384.91

Forgiveness Date

04/07/2022

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