PPP Loan information for Arev hospitality inc

$112,500

Arev hospitality inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/05/2020 by The Cache Valley Bank reported 18 jobs and $112,500 was used to fund payroll.

Arev hospitality inc is Existing or more than 2 years old

AREV HOSPITALITY INC

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AREV HOSPITALITY INC

Borrower Address

877 N. SR 24 Po Box 0372

Borrower City

TORREY

Borrower State

UT

Borrower Zip

84775-0372

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TORREY

Project County Name

WAYNE

Project State

UT

Project Zip

84775-0372

CD

UT-02

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113681.25

Forgiveness Date

04/28/2021

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