PPP Loan information for Maruti hotels

$87,500

Maruti hotels was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/13/2020 by The Community Bank, National Association reported 18 jobs and $87,500 was used to fund payroll.

Maruti hotels is Existing or more than 2 years old

MARUTI HOTELS

Date Approved

04/13/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

MARUTI HOTELS

Borrower Address

1273 Chili Avenue

Borrower City

ROCHESTER

Borrower State

NY

Borrower Zip

14624-3029

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

Servicing Lender Location Id

47029

Servicing Lender Name

Community Bank, National Association

Servicing Lender Address

45-49 Court St

Servicing Lender City

CANTON

Servicing Lender State

NY

Servicing Lender Zip

13617-1118

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

MONROE

Project State

NY

Project Zip

14624-3029

CD

NY-25

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87500.00

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

47029

Originating Lender

Community Bank, National Association

Originating Lender City

CANTON

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88406.16

Forgiveness Date

05/06/2021

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