PPP Loan information for Mahaveer inc

$62,185

Mahaveer inc was initially approved for PPP Loan of amount $62,185, the current approved amount is $62,185. The loan was approved on 05/13/2020 by The VCC Bank reported 15 jobs and $62,185 was used to fund payroll.

Mahaveer inc is Existing or more than 2 years old

MAHAVEER INC

Date Approved

05/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAHAVEER INC

Borrower Address

991 MILLWOOD PIKE

Borrower City

WINCHESTER

Borrower State

VA

Borrower Zip

22602-4380

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62184.60

Current Approval Amount

62184.60

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

457934

Servicing Lender Name

VCC Bank

Servicing Lender Address

7814 Carousel Ln, Ste 100

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23294-4212

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

FREDERICK

Project State

VA

Project Zip

22602-4380

CD

VA-06

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9327.69

Payroll Proceed

46638.45

Mortgage Interest Proceed

6218.46

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

457934

Originating Lender

VCC Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62636.08

Forgiveness Date

02/09/2021

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