Date Approved
04/28/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
NILKANTH HOTELS, INC.
Borrower Address
1268 National Highway
Borrower City
CUMBERLAND
Borrower State
MD
Borrower Zip
21502-7607
Loan Status Date
08/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Best Western - Membership Agreement
Servicing Lender Location Id
250423
Servicing Lender Name
First Chatham Bank
Servicing Lender Address
111 Barnard St
Servicing Lender City
SAVANNAH
Servicing Lender State
GA
Servicing Lender Zip
31401-3219
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
ALLEGANY
Project State
Project Zip
CD
MD-06
Jobs Reported
15
NAICS Code
721110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
49983.33
Forgiveness Date
07/14/2021