PPP Loan information for Indus hotels inc.

$1,194,998

Indus hotels inc. was initially approved for PPP Loan of amount $1,194,998, the current approved amount is $1,194,998. The loan was approved on 02/24/2021 by The Manufacturers and Traders Trust Company reported 500 jobs and $1,194,998 was used to fund payroll.

Indus hotels inc. is Existing or more than 2 years old

INDUS HOTELS INC.

Date Approved

02/24/2021

SBA Office Code

0219

Processing Method

PPS

Borrower Name

INDUS HOTELS INC.

Borrower Address

950 Panorama Trl S

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14625-2312

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1194998.00

Current Approval Amount

1194998.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14625-2312

CD

NY-25

Jobs Reported

500

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1194992.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1203706.75

Forgiveness Date

11/19/2021

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