PPP Loan information for Gulab hotels inc

$22,061

Gulab hotels inc was initially approved for PPP Loan of amount $22,061, the current approved amount is $22,061. The loan was approved on 04/14/2020 by The CBBC Bank reported 7 jobs and $22,061 was used to fund payroll.

Gulab hotels inc is Existing or more than 2 years old

GULAB HOTELS INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GULAB HOTELS INC

Borrower Address

2430 East Andrew Johnson Hwy

Borrower City

Morristown

Borrower State

TN

Borrower Zip

37814-5504

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22061.00

Current Approval Amount

22061.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67211

Servicing Lender Name

CBBC Bank

Servicing Lender Address

330 E Broadway

Servicing Lender City

MARYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37804-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

HAMBLEN

Project State

TN

Project Zip

37814-5504

CD

TN-01

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

20061.00

Mortgage Interest Proceed

1000.00

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

67211

Originating Lender

CBBC Bank

Originating Lender City

MARYVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22298.16

Forgiveness Date

05/13/2021

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