PPP Loan information for Patel hospitality, llc

$65,072

Patel hospitality, llc was initially approved for PPP Loan of amount $65,072, the current approved amount is $65,072. The loan was approved on 03/26/2021 by The Carter Bank & Trust reported 9 jobs and $65,072 was used to fund payroll.

Patel hospitality, llc is Existing or more than 2 years old

PPP Loan Search / VA / Harrisonburg / Patel hospitality, llc

PATEL HOSPITALITY, LLC

Date Approved

03/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PATEL HOSPITALITY, LLC

Borrower Address

1131 Forest Hill Rd

Borrower City

Harrisonburg

Borrower State

VA

Borrower Zip

22801-3369

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65072.00

Current Approval Amount

65072.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-3369

CD

VA-06

Jobs Reported

9

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

65069.00

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

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65314.21

Forgiveness Date

08/16/2021

;