PPP Loan information for Sai hotel inc

$106,295

Sai hotel inc was initially approved for PPP Loan of amount $106,295, the current approved amount is $106,295. The loan was approved on 02/08/2021 by The First Federal Bank of Louisiana reported 10 jobs and $106,295 was used to fund payroll.

Sai hotel inc is Existing or more than 2 years old

SAI HOTEL INC

Date Approved

02/08/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

SAI HOTEL INC

Borrower Address

2505 Hwy 108 S

Borrower City

Sulphur

Borrower State

LA

Borrower Zip

70665

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106295.00

Current Approval Amount

106295.00

Undisbursed Amount

0.00

Franchise Name

Comfort Suites by Choice Hotels

Servicing Lender Location Id

87163

Servicing Lender Name

First Federal Bank of Louisiana

Servicing Lender Address

1135 Lakeshore Dr

Servicing Lender City

LAKE CHARLES

Servicing Lender State

LA

Servicing Lender Zip

70601-9400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sulphur

Project County Name

CALCASIEU

Project State

LA

Project Zip

70665

CD

LA-03

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106294.00

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

87163

Originating Lender

First Federal Bank of Louisiana

Originating Lender City

LAKE CHARLES

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

107244.37

Forgiveness Date

01/11/2022

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