PPP Loan information for Mahadev hotels inc

$49,053

Mahadev hotels inc was initially approved for PPP Loan of amount $49,053, the current approved amount is $49,053. The loan was approved on 04/14/2020 by The Uwharrie Bank reported 11 jobs and $49,053 was used to fund payroll.

Mahadev hotels inc is Existing or more than 2 years old

PPP Loan Search / NC / Salisbury / Mahadev hotels inc

MAHADEV HOTELS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAHADEV HOTELS INC

Borrower Address

825 Klumac Rd

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28144-5721

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49052.50

Current Approval Amount

49052.50

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ROWAN

Project State

NC

Project Zip

28144-5721

CD

NC-08

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49052.50

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49488.52

Forgiveness Date

03/11/2021

;