PPP Loan information for Varahi hotel llc dba red roof inn

$56,669

Varahi hotel llc dba red roof inn was initially approved for PPP Loan of amount $56,669, the current approved amount is $56,669. The loan was approved on 04/12/2020 by The Embassy National Bank reported 13 jobs and $56,669 was used to fund payroll.

Varahi hotel llc dba red roof inn is Existing or more than 2 years old

VARAHI HOTEL LLC DBA RED ROOF INN

Date Approved

04/12/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

VARAHI HOTEL LLC DBA RED ROOF INN

Borrower Address

2200 CORPORATE PLAZA PKWY

Borrower City

SMYRNA

Borrower State

GA

Borrower Zip

30080-2969

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56669.00

Current Approval Amount

56669.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

446492

Servicing Lender Name

Embassy National Bank

Servicing Lender Address

1817 N Brown Rd

Servicing Lender City

LAWRENCEVILLE

Servicing Lender State

GA

Servicing Lender Zip

30043-8121

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMYRNA

Project County Name

COBB

Project State

GA

Project Zip

30080-2969

CD

GA-11

Jobs Reported

13

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56669.00

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

446492

Originating Lender

Embassy National Bank

Originating Lender City

LAWRENCEVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57081.42

Forgiveness Date

01/08/2021

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