PPP Loan information for Valam hospitality, inc.

$119,200

Valam hospitality, inc. was initially approved for PPP Loan of amount $119,200, the current approved amount is $119,200. The loan was approved on 04/06/2020 by The The State Bank and Trust Company reported 42 jobs and $119,200 was used to fund payroll.

Valam hospitality, inc. is Existing or more than 2 years old

PPP Loan Search / OH / VAN WERT / Valam hospitality, inc.

VALAM HOSPITALITY, INC.

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

VALAM HOSPITALITY, INC.

Borrower Address

840 N. WASHINGTON ST

Borrower City

VAN WERT

Borrower State

OH

Borrower Zip

45891-1269

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119200.00

Current Approval Amount

119200.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

57477

Servicing Lender Name

The State Bank and Trust Company

Servicing Lender Address

401 Clinton St

Servicing Lender City

DEFIANCE

Servicing Lender State

OH

Servicing Lender Zip

43512-2632

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VAN WERT

Project County Name

VAN WERT

Project State

OH

Project Zip

45891-1269

CD

OH-05

Jobs Reported

42

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119200.00

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

57477

Originating Lender

The State Bank and Trust Company

Originating Lender City

DEFIANCE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120193.33

Forgiveness Date

02/17/2021

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