PPP Loan information for Mega hotel ky inc

$37,911

Mega hotel ky inc was initially approved for PPP Loan of amount $64,990, the current approved amount is $37,911. The loan was approved on 04/15/2020 by The Uwharrie Bank reported 10 jobs and $37,911 was used to fund payroll.

Mega hotel ky inc is New Business or 2 years or less

MEGA HOTEL KY INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MEGA HOTEL KY INC

Borrower Address

1042 N Mulberry St

Borrower City

Elizabethtown

Borrower State

KY

Borrower Zip

42701-2048

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64990.00

Current Approval Amount

37911.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Elizabethtown

Project County Name

HARDIN

Project State

KY

Project Zip

42701-2048

CD

KY-02

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37911.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38222.71

Forgiveness Date

02/19/2021

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