PPP Loan information for Brar hotels group incorporated

$209,461

Brar hotels group incorporated was initially approved for PPP Loan of amount $209,461, the current approved amount is $209,461. The loan was approved on 03/15/2021 by The United Business Bank reported 27 jobs and $209,461 was used to fund payroll.

Brar hotels group incorporated is Existing or more than 2 years old

BRAR HOTELS GROUP INCORPORATED

Date Approved

03/15/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

BRAR HOTELS GROUP INCORPORATED

Borrower Address

1315 Menaul Blvd NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87107-1633

Loan Status Date

10/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

209461.00

Current Approval Amount

209461.00

Undisbursed Amount

0.00

Franchise Name

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87107-1633

CD

NM-01

Jobs Reported

27

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

209459.00

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

212559.88

Forgiveness Date

09/15/2022

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