PPP Loan information for Patel, inc.

$54,534

Patel, inc. was initially approved for PPP Loan of amount $54,534, the current approved amount is $54,534. The loan was approved on 01/16/2021 by The Pacific West Bank reported 15 jobs and $54,534 was used to fund payroll.

Patel, inc. is Existing or more than 2 years old

PATEL, INC.

Date Approved

01/16/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

PATEL, INC.

Borrower Address

390 W Main St

Borrower City

John Day

Borrower State

OR

Borrower Zip

97845-1074

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54533.50

Current Approval Amount

54533.50

Undisbursed Amount

0.00

Franchise Name

Americas Best Value Inn

Servicing Lender Location Id

426410

Servicing Lender Name

Pacific West Bank

Servicing Lender Address

2040 8th Ave

Servicing Lender City

WEST LINN

Servicing Lender State

OR

Servicing Lender Zip

97068-4612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

John Day

Project County Name

GRANT

Project State

OR

Project Zip

97845-1074

CD

OR-02

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54528.50

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

426410

Originating Lender

Pacific West Bank

Originating Lender City

WEST LINN

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54924.95

Forgiveness Date

10/06/2021

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