PPP Loan information for India road hospitality

$203,500

India road hospitality was initially approved for PPP Loan of amount $227,500, the current approved amount is $203,500. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 40 jobs and $203,500 was used to fund payroll.

India road hospitality is New Business or 2 years or less

INDIA ROAD HOSPITALITY

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INDIA ROAD HOSPITALITY

Borrower Address

2815 AUGUSTA ST

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-2567

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227500.00

Current Approval Amount

203500.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-2567

CD

VA-06

Jobs Reported

40

NAICS Code

999990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

203500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205958.96

Forgiveness Date

06/30/2021

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