PPP Loan information for Amar hospitality inc

$127,977

Amar hospitality inc was initially approved for PPP Loan of amount $127,977, the current approved amount is $127,977. The loan was approved on 04/13/2020 by The The Bank of Glen Burnie reported 18 jobs and $127,977 was used to fund payroll.

Amar hospitality inc is Existing or more than 2 years old

PPP Loan Search / MD / TOWSON / Amar hospitality inc

AMAR HOSPITALITY INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AMAR HOSPITALITY INC

Borrower Address

1100 CROMWELL BRIDGE RD

Borrower City

TOWSON

Borrower State

MD

Borrower Zip

21286-2216

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127977.00

Current Approval Amount

127977.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

30660

Servicing Lender Name

The Bank of Glen Burnie

Servicing Lender Address

101 Crain Hwy SE

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3527

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOWSON

Project County Name

BALTIMORE

Project State

MD

Project Zip

21286-2216

CD

MD-02

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127977.00

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

30660

Originating Lender

The Bank of Glen Burnie

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129487.84

Forgiveness Date

06/22/2021

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