PPP Loan information for Patel hospitality, llc

$45,870

Patel hospitality, llc was initially approved for PPP Loan of amount $45,870, the current approved amount is $45,870. The loan was approved on 04/27/2020 by The Carter Bank & Trust reported 11 jobs and $45,870 was used to fund payroll.

Patel hospitality, llc is Existing or more than 2 years old

PATEL HOSPITALITY, LLC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PATEL HOSPITALITY, LLC

Borrower Address

44 PHEASANT RUN

Borrower City

WAYNESBORO

Borrower State

VA

Borrower Zip

22980-7445

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45870.00

Current Approval Amount

45870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNESBORO

Project County Name

AUGUSTA

Project State

VA

Project Zip

22980-7445

CD

VA-06

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45870.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46243.33

Forgiveness Date

02/19/2021

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