PPP Loan information for Jai herndon hotel

$187,300

Jai herndon hotel was initially approved for PPP Loan of amount $187,300, the current approved amount is $187,300. The loan was approved on 04/14/2020 by The Atlantic Union Bank reported 22 jobs and $187,300 was used to fund payroll.

Jai herndon hotel is Existing or more than 2 years old

JAI HERNDON HOTEL

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

JAI HERNDON HOTEL

Borrower Address

435 Herndon Pkwy

Borrower City

HERNDON

Borrower State

VA

Borrower Zip

20170-5293

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187300.00

Current Approval Amount

187300.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERNDON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-5293

CD

VA-11

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189594.43

Forgiveness Date

07/09/2021

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