PPP Loan information for Kala hotels group, llc

$64,400

Kala hotels group, llc was initially approved for PPP Loan of amount $64,400, the current approved amount is $64,400. The loan was approved on 01/19/2021 by The Farmers State Bank of Alto Pass, Illinois reported 12 jobs and $64,400 was used to fund payroll.

Kala hotels group, llc is Existing or more than 2 years old

PPP Loan Search / IN / Huntingburg / Kala hotels group, llc

KALA HOTELS GROUP, LLC

Date Approved

01/19/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

KALA HOTELS GROUP, LLC

Borrower Address

406 E 22nd St

Borrower City

Huntingburg

Borrower State

IN

Borrower Zip

47542-9590

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64400.00

Current Approval Amount

64400.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntingburg

Project County Name

DUBOIS

Project State

IN

Project Zip

47542-9590

CD

IN-08

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64394.00

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

Corporation

Originating Lender Location Id

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64798.75

Forgiveness Date

09/13/2021

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