PPP Loan information for Ak group hotels inc

$44,200

Ak group hotels inc was initially approved for PPP Loan of amount $44,200, the current approved amount is $44,200. The loan was approved on 04/28/2020 by The First Exchange Bank reported 14 jobs and $44,200 was used to fund payroll.

Ak group hotels inc is Existing or more than 2 years old

AK GROUP HOTELS INC

Date Approved

04/28/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

AK GROUP HOTELS INC

Borrower Address

300 Xenia Towne Sq.

Borrower City

XENIA

Borrower State

OH

Borrower Zip

45385

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44200.00

Current Approval Amount

44200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75183

Servicing Lender Name

First Exchange Bank

Servicing Lender Address

1 Heritage Way

Servicing Lender City

WHITE HALL

Servicing Lender State

WV

Servicing Lender Zip

26554-4191

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

XENIA

Project County Name

GREENE

Project State

OH

Project Zip

45385-0001

CD

OH-10

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6042.21

Payroll Proceed

33157.79

Mortgage Interest Proceed

5000.00

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

75183

Originating Lender

First Exchange Bank

Originating Lender City

WHITE HALL

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44515.54

Forgiveness Date

02/02/2021

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