PPP Loan information for Mahakali lodging inc

$29,992

Mahakali lodging inc was initially approved for PPP Loan of amount $29,992, the current approved amount is $29,992. The loan was approved on 01/23/2021 by The Ergo Bank reported 10 jobs and $29,992 was used to fund payroll.

Mahakali lodging inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Mahakali lodging inc

MAHAKALI LODGING INC

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MAHAKALI LODGING INC

Borrower Address

4605 E State St

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61108-2118

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29991.50

Current Approval Amount

29991.50

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

76269

Servicing Lender Name

Ergo Bank

Servicing Lender Address

86 E Water St

Servicing Lender City

MARKESAN

Servicing Lender State

WI

Servicing Lender Zip

53946

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-2118

CD

IL-17

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29987.50

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

76269

Originating Lender

Ergo Bank

Originating Lender City

MARKESAN

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30106.54

Forgiveness Date

06/15/2021

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