PPP Loan information for Prachi hospitality business, inc.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRACHI HOSPITALITY BUSINESS, INC.

Borrower Address

2501 Sunnyside Dr

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25812.00

Current Approval Amount

25812.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-0001

CD

MI-04

Jobs Reported

8

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25812.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26084.26

Forgiveness Date

05/24/2021