PPP Loan information for Krishna hotels 2 inc

$52,850

Krishna hotels 2 inc was initially approved for PPP Loan of amount $52,850, the current approved amount is $52,850. The loan was approved on 02/10/2021 by The Farmers & Merchants Bank & Trust reported 12 jobs and $52,850 was used to fund payroll.

Krishna hotels 2 inc is Existing or more than 2 years old

KRISHNA HOTELS 2 INC

Date Approved

02/10/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

KRISHNA HOTELS 2 INC

Borrower Address

1738 Comfort Dr

Borrower City

Tomahawk

Borrower State

WI

Borrower Zip

54487-1945

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52850.00

Current Approval Amount

52850.00

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

Servicing Lender Location Id

76187

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

1644 Ludington St

Servicing Lender City

MARINETTE

Servicing Lender State

WI

Servicing Lender Zip

54143-1813

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tomahawk

Project County Name

LINCOLN

Project State

WI

Project Zip

54487-1945

CD

WI-07

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52848.00

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

76187

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

MARINETTE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53136.27

Forgiveness Date

08/27/2021

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