PPP Loan information for Brar hotels group incorporated

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

BRAR HOTELS GROUP INCORPORATED

Borrower Address

1315 MENAUL BLVD NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87107-1023

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149615.00

Current Approval Amount

149615.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

378915

Servicing Lender Name

United Business Bank

Servicing Lender Address

500 Ygnacio Valley Rd, Ste 200

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3845

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87107-1023

CD

NM-01

Jobs Reported

47

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

29922.00

Payroll Proceed

119693.00

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

378915

Originating Lender

United Business Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151451.37

Forgiveness Date

07/14/2021