PPP Loan information for Makan hospitality inc

$70,587

Makan hospitality inc was initially approved for PPP Loan of amount $70,587, the current approved amount is $70,587. The loan was approved on 02/05/2021 by The Simmons Bank reported 15 jobs and $70,587 was used to fund payroll.

Makan hospitality inc is Existing or more than 2 years old

MAKAN HOSPITALITY INC

Date Approved

02/05/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MAKAN HOSPITALITY INC

Borrower Address

3950 Vali Ct

Borrower City

North Little Rock

Borrower State

AR

Borrower Zip

72117-2955

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70587.09

Current Approval Amount

70587.09

Undisbursed Amount

0.00

Franchise Name

Candlewood Suites

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72117-2955

CD

AR-01

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70586.09

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

Subchapter S Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71340.02

Forgiveness Date

03/17/2022

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