PPP Loan information for Ambelal hotels group inc

$185,989

Ambelal hotels group inc was initially approved for PPP Loan of amount $185,989, the current approved amount is $185,989. The loan was approved on 02/05/2021 by The Synovus Bank reported 28 jobs and $185,989 was used to fund payroll.

Ambelal hotels group inc is Existing or more than 2 years old

PPP Loan Search / SC / Sumter / Ambelal hotels group inc

AMBELAL HOTELS GROUP INC

Date Approved

02/05/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

AMBELAL HOTELS GROUP INC

Borrower Address

2645 Broad St

Borrower City

Sumter

Borrower State

SC

Borrower Zip

29150-1846

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185989.00

Current Approval Amount

185989.00

Undisbursed Amount

0.00

Franchise Name

SpringHill Suites by Marriott

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sumter

Project County Name

SUMTER

Project State

SC

Project Zip

29150-1846

CD

SC-05

Jobs Reported

28

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185989.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187217.04

Forgiveness Date

10/08/2021

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