PPP Loan information for Kala hotels group, llc

$46,000

Kala hotels group, llc was initially approved for PPP Loan of amount $46,000, the current approved amount is $46,000. The loan was approved on 04/05/2020 by The Farmers State Bank of Alto Pass, Illinois reported 12 jobs and $46,000 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

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

KALA HOTELS GROUP, LLC

Borrower Address

406 East 22ND ST

Borrower City

HUNTINGBURG

Borrower State

IN

Borrower Zip

47542-9590

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

46000.00

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

11467.00

Payroll Proceed

34533.00

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

46379.34

Forgiveness Date

02/16/2021

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