PPP Loan information for Akshar indianapolis hotel, llc

$916,855

Akshar indianapolis hotel, llc was initially approved for PPP Loan of amount $916,855, the current approved amount is $916,855. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $916,855 was used to fund payroll.

Akshar indianapolis hotel, llc is Existing or more than 2 years old

AKSHAR INDIANAPOLIS HOTEL, LLC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AKSHAR INDIANAPOLIS HOTEL, LLC

Borrower Address

2544 EXECUTIVE DR

Borrower City

INDIANAPOLIS

Borrower State

IN

Borrower Zip

46241

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

916855.00

Current Approval Amount

916855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANAPOLIS

Project County Name

MARION

Project State

IN

Project Zip

46241-0500

CD

IN-07

Jobs Reported

500

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

225000.00

Payroll Proceed

565855.00

Mortgage Interest Proceed

96000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

928510.77

Forgiveness Date

08/12/2021

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