PPP Loan information for Masala hospitality group

$35,292

Masala hospitality group was initially approved for PPP Loan of amount $5,612, the current approved amount is $35,292. The loan was approved on 05/01/2020 by The Fulton Bank, National Association reported 3 jobs and $35,292 was used to fund payroll.

Masala hospitality group is Existing or more than 2 years old

PPP Loan Search / DE / Lewes / Masala hospitality group

MASALA HOSPITALITY GROUP

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MASALA HOSPITALITY GROUP

Borrower Address

210 Savannah Road

Borrower City

Lewes

Borrower State

DE

Borrower Zip

19958

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5612.00

Current Approval Amount

35292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewes

Project County Name

SUSSEX

Project State

DE

Project Zip

19958-0001

CD

DE-

Jobs Reported

3

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4823.00

Payroll Proceed

26469.00

Mortgage Interest Proceed

4000.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35526.30

Forgiveness Date

01/07/2021

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