PPP Loan information for Dutt hospitality group inc

$262,500

Dutt hospitality group inc was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 02/24/2021 by The U.S. Bank, National Association reported 15 jobs and $262,500 was used to fund payroll.

Dutt hospitality group inc is Existing or more than 2 years old

DUTT HOSPITALITY GROUP INC

Date Approved

02/24/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

DUTT HOSPITALITY GROUP INC

Borrower Address

74900 Gerald Ford Dr

Borrower City

Palm Desert

Borrower State

CA

Borrower Zip

92211-2081

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn & Suites

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palm Desert

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92211-2081

CD

CA-41

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262495.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265693.15

Forgiveness Date

05/17/2022

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