PPP Loan information for Varni raj hospitality inc

$78,734

Varni raj hospitality inc was initially approved for PPP Loan of amount $78,734, the current approved amount is $78,734. The loan was approved on 02/19/2021 by The Grinnell State Bank reported 10 jobs and $78,734 was used to fund payroll.

Varni raj hospitality inc is Existing or more than 2 years old

PPP Loan Search / IL / Naperville / Varni raj hospitality inc

VARNI RAJ HOSPITALITY INC

Date Approved

02/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

VARNI RAJ HOSPITALITY INC

Borrower Address

1831 W Diehl Rd

Borrower City

Naperville

Borrower State

IL

Borrower Zip

60563-1890

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78734.00

Current Approval Amount

78734.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

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

Naperville

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-1890

CD

IL-11

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

78732.00

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

Subchapter S 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

79191.09

Forgiveness Date

09/21/2021

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