PPP Loan information for Laxmi hotels of gat inc

$38,200

Laxmi hotels of gat inc was initially approved for PPP Loan of amount $38,200, the current approved amount is $38,200. The loan was approved on 04/13/2020 by The First Bank reported 7 jobs and $38,200 was used to fund payroll.

Laxmi hotels of gat inc is Existing or more than 2 years old

PPP Loan Search / TN / GATLINBURG / Laxmi hotels of gat inc

LAXMI HOTELS OF GAT INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LAXMI HOTELS OF GAT INC

Borrower Address

218 SKI MOUNTAIN RD

Borrower City

GATLINBURG

Borrower State

TN

Borrower Zip

37738-3125

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38200.00

Current Approval Amount

38200.00

Undisbursed Amount

0.00

Franchise Name

SureStay

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GATLINBURG

Project County Name

SEVIER

Project State

TN

Project Zip

37738-3125

CD

TN-01

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1910.00

Payroll Proceed

28650.00

Mortgage Interest Proceed

0.00

Rent Proceed

7640.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28383.11

Forgiveness Date

12/09/2020

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