PPP Loan information for Akaal hospitality inc

$70,100

Akaal hospitality inc was initially approved for PPP Loan of amount $70,100, the current approved amount is $70,100. The loan was approved on 05/02/2020 by The Zions Bank, A Division of reported 19 jobs and $70,100 was used to fund payroll.

Akaal hospitality inc is Existing or more than 2 years old

PPP Loan Search / UT / West Valley City / Akaal hospitality inc

AKAAL HOSPITALITY INC

Date Approved

05/02/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AKAAL HOSPITALITY INC

Borrower Address

3440 South 2200 West

Borrower City

West Valley City

Borrower State

UT

Borrower Zip

84119

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70100.00

Current Approval Amount

70100.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Valley City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-1000

CD

UT-02

Jobs Reported

19

NAICS Code

721199

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70100.00

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

Subchapter S Corporation

Originating Lender Location Id

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70920.07

Forgiveness Date

07/07/2021

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