PPP Loan information for Chawla hotels, inc

$64,100

Chawla hotels, inc was initially approved for PPP Loan of amount $64,100, the current approved amount is $64,100. The loan was approved on 04/03/2020 by The Planters Bank & Trust Company reported 12 jobs and $64,100 was used to fund payroll.

Chawla hotels, inc is Existing or more than 2 years old

CHAWLA HOTELS, INC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CHAWLA HOTELS, INC

Borrower Address

3090 Hwy 82 E

Borrower City

GREENVILLE

Borrower State

MS

Borrower Zip

38703-8220

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64100.00

Current Approval Amount

64100.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

WASHINGTON

Project State

MS

Project Zip

38703-8220

CD

MS-02

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16025.00

Payroll Proceed

48075.00

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

64572.41

Forgiveness Date

01/08/2021

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