PPP Loan information for Rahee hospitality inc

$353,469

Rahee hospitality inc was initially approved for PPP Loan of amount $353,469, the current approved amount is $353,469. The loan was approved on 01/17/2021 by The Grant County State Bank reported 48 jobs and $353,469 was used to fund payroll.

Rahee hospitality inc is Existing or more than 2 years old

RAHEE HOSPITALITY INC

Date Approved

01/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RAHEE HOSPITALITY INC

Borrower Address

1610 N. Cass St.

Borrower City

WABASH

Borrower State

IN

Borrower Zip

46992-1029

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

353468.50

Current Approval Amount

353468.50

Undisbursed Amount

0.00

Franchise Name

Hampton Inn & Suites

Servicing Lender Location Id

24337

Servicing Lender Name

Grant County State Bank

Servicing Lender Address

102 N Washington St

Servicing Lender City

SWAYZEE

Servicing Lender State

IN

Servicing Lender Zip

46986-9651

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

GRANT

Project State

IN

Project Zip

46953-2524

CD

IN-05

Jobs Reported

48

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

353462.50

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

Corporation

Originating Lender Location Id

24337

Originating Lender

Grant County State Bank

Originating Lender City

SWAYZEE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

355687.50

Forgiveness Date

09/07/2021

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