PPP Loan information for Kg hotels group llc

$40,900

Kg hotels group llc was initially approved for PPP Loan of amount $40,900, the current approved amount is $40,900. The loan was approved on 01/16/2021 by The First National Bank & Trust Co reported 7 jobs and $40,900 was used to fund payroll.

Kg hotels group llc is Existing or more than 2 years old

PPP Loan Search / MI / Iron Mountain / Kg hotels group llc

KG HOTELS GROUP LLC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KG HOTELS GROUP LLC

Borrower Address

1609 S Stephenson Ave

Borrower City

Iron Mountain

Borrower State

MI

Borrower Zip

49801-3635

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40900.00

Current Approval Amount

40900.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iron Mountain

Project County Name

DICKINSON

Project State

MI

Project Zip

49801-3635

CD

MI-01

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40897.00

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

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41275.38

Forgiveness Date

12/23/2021

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