PPP Loan information for Pallu hospitality llc

$179,800

Pallu hospitality llc was initially approved for PPP Loan of amount $179,800, the current approved amount is $179,800. The loan was approved on 03/24/2021 by The First Chatham Bank reported 40 jobs and $179,800 was used to fund payroll.

Pallu hospitality llc is Existing or more than 2 years old

PALLU HOSPITALITY LLC

Date Approved

03/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PALLU HOSPITALITY LLC

Borrower Address

2360 Virginia Ave

Borrower City

Collinsville

Borrower State

VA

Borrower Zip

24078-2320

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179800.00

Current Approval Amount

179800.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Collinsville

Project County Name

HENRY

Project State

VA

Project Zip

24078-2320

CD

VA-09

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

179796.00

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

250423

Originating Lender

First Chatham Bank

Originating Lender City

SAVANNAH

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

181721.15

Forgiveness Date

04/21/2022

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