PPP Loan information for Gandhi motel inc

$7,000

Gandhi motel inc was initially approved for PPP Loan of amount $7,000, the current approved amount is $7,000. The loan was approved on 01/29/2021 by The Owen County State Bank reported 1 jobs and $7,000 was used to fund payroll.

Gandhi motel inc is Existing or more than 2 years old

PPP Loan Search / IN / Spencer / Gandhi motel inc

GANDHI MOTEL INC

Date Approved

01/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GANDHI MOTEL INC

Borrower Address

10 N Crane Ave

Borrower City

Spencer

Borrower State

IN

Borrower Zip

47460-1508

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7000.00

Current Approval Amount

7000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24318

Servicing Lender Name

Owen County State Bank

Servicing Lender Address

201 W Morgan St

Servicing Lender City

SPENCER

Servicing Lender State

IN

Servicing Lender Zip

47460-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

OWEN

Project State

IN

Project Zip

47460-1508

CD

IN-08

Jobs Reported

1

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

6998.00

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

Subchapter S Corporation

Originating Lender Location Id

24318

Originating Lender

Owen County State Bank

Originating Lender City

SPENCER

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7026.83

Forgiveness Date

06/23/2021

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