PPP Loan information for Grewal 2012 hospitality group, llc

$79,500

Grewal 2012 hospitality group, llc was initially approved for PPP Loan of amount $307,500, the current approved amount is $79,500. The loan was approved on 04/04/2020 by The People's Bank of Commerce reported 59 jobs and $79,500 was used to fund payroll.

Grewal 2012 hospitality group, llc is Existing or more than 2 years old

PPP Loan Search / OR / MEDFORD / Grewal 2012 hospitality group, llc

GREWAL 2012 HOSPITALITY GROUP, LLC

Date Approved

04/04/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GREWAL 2012 HOSPITALITY GROUP, LLC

Borrower Address

3548 HEATHROW WAY

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97504-4004

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307500.00

Current Approval Amount

79500.00

Undisbursed Amount

0.00

Franchise Name

Candlewood Suites

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97504-4004

CD

OR-02

Jobs Reported

59

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63600.00

Mortgage Interest Proceed

15900.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80464.89

Forgiveness Date

07/02/2021

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