PPP Loan information for Pragati motel inc.

$35,000

Pragati motel inc. was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 02/24/2021 by The First Horizon Bank reported 2 jobs and $35,000 was used to fund payroll.

Pragati motel inc. is Existing or more than 2 years old

PRAGATI MOTEL INC.

Date Approved

02/24/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

PRAGATI MOTEL INC.

Borrower Address

28475 S Dixie Hwy # 200

Borrower City

Homestead

Borrower State

FL

Borrower Zip

33033-1210

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Homestead

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33033-1210

CD

FL-28

Jobs Reported

2

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

34998.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35201.25

Forgiveness Date

09/29/2021

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