PPP Loan information for Pramukh motel inc

$152,314

Pramukh motel inc was initially approved for PPP Loan of amount $152,314, the current approved amount is $152,314. The loan was approved on 02/19/2021 by The Grinnell State Bank reported 11 jobs and $152,314 was used to fund payroll.

Pramukh motel inc is Existing or more than 2 years old

PRAMUKH MOTEL INC

Date Approved

02/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

PRAMUKH MOTEL INC

Borrower Address

1837 Centre Point Cir

Borrower City

Naperville

Borrower State

IL

Borrower Zip

60563-9363

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152314.00

Current Approval Amount

152314.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naperville

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-9363

CD

IL-11

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

152308.00

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

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

153557.90

Forgiveness Date

12/14/2021

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