PPP Loan information for Satesh limited

$503,900

Satesh limited was initially approved for PPP Loan of amount $503,900, the current approved amount is $503,900. The loan was approved on 02/03/2021 by The Rio Bank reported 140 jobs and $503,900 was used to fund payroll.

Satesh limited is Existing or more than 2 years old

PPP Loan Search / TX / Edinburg / Satesh limited

SATESH LIMITED

Date Approved

02/03/2021

SBA Office Code

0639

Processing Method

PPP

Borrower Name

SATESH LIMITED

Borrower Address

4614 S Business Highway 281

Borrower City

Edinburg

Borrower State

TX

Borrower Zip

78539-7279

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503900.00

Current Approval Amount

503900.00

Undisbursed Amount

0.00

Franchise Name

La Quinta by Wyndham a.k.a. La Quinta Inn & Suites

Servicing Lender Location Id

71382

Servicing Lender Name

Rio Bank

Servicing Lender Address

701 E Expressway 83

Servicing Lender City

MCALLEN

Servicing Lender State

TX

Servicing Lender Zip

78501-6736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edinburg

Project County Name

HIDALGO

Project State

TX

Project Zip

78539-7279

CD

TX-15

Jobs Reported

140

NAICS Code

721110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

503898.00

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

Partnership

Originating Lender Location Id

71382

Originating Lender

Rio Bank

Originating Lender City

MCALLEN

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

507007.38

Forgiveness Date

09/21/2021

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