PPP Loan information for Mahalakshmi llc

$39,489

Mahalakshmi llc was initially approved for PPP Loan of amount $39,489, the current approved amount is $39,489. The loan was approved on 02/24/2021 by The PromiseOne Bank reported 7 jobs and $39,489 was used to fund payroll.

Mahalakshmi llc is Existing or more than 2 years old

MAHALAKSHMI LLC

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MAHALAKSHMI LLC

Borrower Address

194 Fort Chiswell Rd

Borrower City

Max Meadows

Borrower State

VA

Borrower Zip

24360-3080

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39489.24

Current Approval Amount

39489.24

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

461279

Servicing Lender Name

PromiseOne Bank

Servicing Lender Address

2385 Pleasant Hill Rd

Servicing Lender City

DULUTH

Servicing Lender State

GA

Servicing Lender Zip

30096-4323

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Max Meadows

Project County Name

WYTHE

Project State

VA

Project Zip

24360-3080

CD

VA-09

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39487.24

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

461279

Originating Lender

PromiseOne Bank

Originating Lender City

DULUTH

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39941.47

Forgiveness Date

04/26/2022

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