PPP Loan information for Ak group hotels inc

$62,125

Ak group hotels inc was initially approved for PPP Loan of amount $62,125, the current approved amount is $62,125. The loan was approved on 01/30/2021 by The First Exchange Bank reported 14 jobs and $62,125 was used to fund payroll.

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

PPP Loan Search / OH / Xenia / Ak group hotels inc

AK GROUP HOTELS INC

Date Approved

01/30/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

AK GROUP HOTELS INC

Borrower Address

300 Xenia Towne Sq

Borrower City

Xenia

Borrower State

OH

Borrower Zip

45385-2949

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62125.00

Current Approval Amount

62125.00

Undisbursed Amount

0.00

Franchise Name

Ramada by Wyndham

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

45385-2949

CD

OH-10

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62121.00

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

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

62948.16

Forgiveness Date

06/02/2022

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