PPP Loan information for Rani hotels, llc

$70,063

Rani hotels, llc was initially approved for PPP Loan of amount $70,063, the current approved amount is $70,063. The loan was approved on 02/02/2021 by The Vista Bank reported 12 jobs and $70,063 was used to fund payroll.

Rani hotels, llc is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Rani hotels, llc

RANI HOTELS, LLC

Date Approved

02/02/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

RANI HOTELS, LLC

Borrower Address

5220 N Lovington Hwy

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-9154

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70063.00

Current Approval Amount

70063.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

71653

Servicing Lender Name

Vista Bank

Servicing Lender Address

5840 W Northwest Hwy

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75225-3201

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-9154

CD

NM-03

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70057.00

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

71653

Originating Lender

Vista Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70320.22

Forgiveness Date

06/23/2021

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