PPP Loan information for Sachchidanand motel inc

$109,721

Sachchidanand motel inc was initially approved for PPP Loan of amount $109,721, the current approved amount is $109,721. The loan was approved on 01/20/2021 by The Citizens National Bank reported 11 jobs and $109,721 was used to fund payroll.

Sachchidanand motel inc is Existing or more than 2 years old

SACHCHIDANAND MOTEL INC

Date Approved

01/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SACHCHIDANAND MOTEL INC

Borrower Address

208 S Illinois Ave

Borrower City

Oak Ridge

Borrower State

TN

Borrower Zip

37830-6203

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109721.00

Current Approval Amount

109721.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

68841

Servicing Lender Name

Citizens National Bank

Servicing Lender Address

200 Forks of the River Pkwy

Servicing Lender City

SEVIERVILLE

Servicing Lender State

TN

Servicing Lender Zip

37862-3419

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oak Ridge

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-6203

CD

TN-03

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109717.00

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

68841

Originating Lender

Citizens National Bank

Originating Lender City

SEVIERVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110220.01

Forgiveness Date

07/07/2021

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