PPP Loan information for Rahee hospitality, inc.

$253,000

Rahee hospitality, inc. was initially approved for PPP Loan of amount $253,000, the current approved amount is $253,000. The loan was approved on 04/04/2020 by The Sutton Bank reported 48 jobs and $253,000 was used to fund payroll.

Rahee hospitality, inc. is Existing or more than 2 years old

PPP Loan Search / IN / WABASH / Rahee hospitality, inc.

RAHEE HOSPITALITY, INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAHEE HOSPITALITY, INC.

Borrower Address

1311 CASS ST

Borrower City

WABASH

Borrower State

IN

Borrower Zip

46992-1029

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253000.00

Current Approval Amount

253000.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WABASH

Project County Name

WABASH

Project State

IN

Project Zip

46992-1029

CD

IN-02

Jobs Reported

48

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18975.00

Payroll Proceed

189750.00

Mortgage Interest Proceed

44275.00

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

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244584.49

Forgiveness Date

12/09/2020

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