PPP Loan information for Chawla hospitality, inc.

$54,100

Chawla hospitality, inc. was initially approved for PPP Loan of amount $54,100, the current approved amount is $54,100. The loan was approved on 04/03/2020 by The Planters Bank & Trust Company reported 10 jobs and $54,100 was used to fund payroll.

Chawla hospitality, inc. is Existing or more than 2 years old

CHAWLA HOSPITALITY, INC.

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CHAWLA HOSPITALITY, INC.

Borrower Address

818 S State Street

Borrower City

CLARKSDALE

Borrower State

MS

Borrower Zip

38614-4804

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54100.00

Current Approval Amount

54100.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLARKSDALE

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-4804

CD

MS-02

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13525.00

Payroll Proceed

40575.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54498.71

Forgiveness Date

01/08/2021

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