PPP Loan information for Rama hospitality corp

$42,600

Rama hospitality corp was initially approved for PPP Loan of amount $42,600, the current approved amount is $42,600. The loan was approved on 01/30/2021 by The GBank reported 11 jobs and $42,600 was used to fund payroll.

Rama hospitality corp is Existing or more than 2 years old

RAMA HOSPITALITY CORP

Date Approved

01/30/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RAMA HOSPITALITY CORP

Borrower Address

21050 Matteson Ave

Borrower City

Matteson

Borrower State

IL

Borrower Zip

60443-2103

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42600.00

Current Approval Amount

42600.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

450833

Servicing Lender Name

GBank

Servicing Lender Address

9115 W Russell Rd, Ste 110

Servicing Lender City

LAS VEGAS

Servicing Lender State

NV

Servicing Lender Zip

89148-1235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Matteson

Project County Name

COOK

Project State

IL

Project Zip

60443-2103

CD

IL-02

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42595.00

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

Corporation

Originating Lender Location Id

450833

Originating Lender

GBank

Originating Lender City

LAS VEGAS

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42911.22

Forgiveness Date

10/27/2021

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