PPP Loan information for Patel brothers inc

$52,500

Patel brothers inc was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 05/14/2020 by The Synovus Bank reported 5 jobs and $52,500 was used to fund payroll.

Patel brothers inc is Existing or more than 2 years old

PPP Loan Search / GA / ATHENS / Patel brothers inc

PATEL BROTHERS INC

Date Approved

05/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PATEL BROTHERS INC

Borrower Address

3425 ATLANTA HWY

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30606-3326

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Budget Host Inns

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CLARKE

Project State

GA

Project Zip

30606-3326

CD

GA-10

Jobs Reported

5

NAICS Code

721110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

Subchapter S Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53000.55

Forgiveness Date

04/29/2021

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