Date Approved
04/27/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
MAHALAKSHMI LLC
Borrower Address
194 Fort Chiswell Road
Borrower City
MAX MEADOWS
Borrower State
VA
Borrower Zip
24360-3080
Loan Status Date
03/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
37503.00
Current Approval Amount
30770.00
Undisbursed Amount
0.00
Franchise Name
Super 8 by Wyndhan
Servicing Lender Location Id
461279
Servicing Lender Name
PromiseOne Bank
Servicing Lender Address
2385 Pleasant Hill Rd
Servicing Lender City
DULUTH
Servicing Lender State
GA
Servicing Lender Zip
30096-4323
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
WYTHE
Project State
Project Zip
CD
VA-09
Jobs Reported
10
NAICS Code
999990
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
31000.14
Forgiveness Date
02/02/2021