PPP Loan information for Nirali hospitality llc

$87,500

Nirali hospitality llc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 02/02/2021 by The Bank3 reported 14 jobs and $87,500 was used to fund payroll.

Nirali hospitality llc is Existing or more than 2 years old

NIRALI HOSPITALITY LLC

Date Approved

02/02/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

NIRALI HOSPITALITY LLC

Borrower Address

801 Desoto Cv

Borrower City

Horn Lake

Borrower State

MS

Borrower Zip

38637-1432

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

68920

Servicing Lender Name

Bank3

Servicing Lender Address

5210 Poplar, Ste 100

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Horn Lake

Project County Name

DESOTO

Project State

MS

Project Zip

38637-1432

CD

MS-01

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

68920

Originating Lender

Bank3

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88727.40

Forgiveness Date

07/01/2022

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