PPP Loan information for Bhavi motel llc

$106,800

Bhavi motel llc was initially approved for PPP Loan of amount $114,000, the current approved amount is $106,800. The loan was approved on 04/11/2020 by The Truist Bank reported 21 jobs and $106,800 was used to fund payroll.

Bhavi motel llc is Existing or more than 2 years old

BHAVI MOTEL LLC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BHAVI MOTEL LLC

Borrower Address

121 DREW DR

Borrower City

LANGHORNE

Borrower State

PA

Borrower Zip

19053-1550

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114000.00

Current Approval Amount

106800.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANGHORNE

Project County Name

BUCKS

Project State

PA

Project Zip

19053-1550

CD

PA-01

Jobs Reported

21

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

106800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107574.30

Forgiveness Date

01/08/2021

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