PPP Loan information for Bhavi motel llc

$47,104

Bhavi motel llc was initially approved for PPP Loan of amount $47,104, the current approved amount is $47,104. The loan was approved on 04/16/2020 by The State Bank of Texas reported 10 jobs and $47,104 was used to fund payroll.

Bhavi motel llc is Existing or more than 2 years old

PPP Loan Search / DE / NEWARK / Bhavi motel llc

BHAVI MOTEL LLC

Date Approved

04/16/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

BHAVI MOTEL LLC

Borrower Address

1120 S COLLEGE AVE

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19713-2308

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47103.72

Current Approval Amount

47103.72

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

Servicing Lender Location Id

111946

Servicing Lender Name

State Bank of Texas

Servicing Lender Address

11950 Webb Chapel Rd

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75234-7724

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-2308

CD

DE-

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4700.00

Payroll Proceed

35327.79

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7075.93

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

111946

Originating Lender

State Bank of Texas

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

47542.05

Forgiveness Date

03/25/2021

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