PPP Loan information for Shashtri hospitality

$40,917

Shashtri hospitality was initially approved for PPP Loan of amount $40,917, the current approved amount is $40,917. The loan was approved on 04/27/2020 by The Grinnell State Bank reported 7 jobs and $40,917 was used to fund payroll.

Shashtri hospitality is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Shashtri hospitality

SHASHTRI HOSPITALITY

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHASHTRI HOSPITALITY

Borrower Address

1200 N Frontage Rd

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074-3374

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40917.00

Current Approval Amount

40917.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

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

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-3374

CD

IL-08

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

917.00

Payroll Proceed

38000.00

Mortgage Interest Proceed

2000.00

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

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41418.23

Forgiveness Date

07/14/2021

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