PPP Loan information for Madhav hotels llc

$25,445

Madhav hotels llc was initially approved for PPP Loan of amount $25,445, the current approved amount is $25,445. The loan was approved on 02/04/2021 by The Simmons Bank reported 7 jobs and $25,445 was used to fund payroll.

Madhav hotels llc is Existing or more than 2 years old

MADHAV HOTELS LLC

Date Approved

02/04/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MADHAV HOTELS LLC

Borrower Address

105 Airport Rd

Borrower City

Ozark

Borrower State

AR

Borrower Zip

72949-9204

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25445.03

Current Approval Amount

25445.03

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ozark

Project County Name

FRANKLIN

Project State

AR

Project Zip

72949-9204

CD

AR-04

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25442.03

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

Limited Liability Company(LLC)

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25593.46

Forgiveness Date

09/10/2021

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