PPP Loan information for Ravi lodging inc

$117,600

Ravi lodging inc was initially approved for PPP Loan of amount $117,600, the current approved amount is $117,600. The loan was approved on 02/02/2021 by The Northwest Bank & Trust Company reported 15 jobs and $117,600 was used to fund payroll.

Ravi lodging inc is Existing or more than 2 years old

PPP Loan Search / IA / Iowa City / Ravi lodging inc

RAVI LODGING INC

Date Approved

02/02/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RAVI LODGING INC

Borrower Address

4 Sturgis Corner Dr

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52246-5617

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117600.00

Current Approval Amount

117600.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

24824

Servicing Lender Name

Northwest Bank & Trust Company

Servicing Lender Address

100 E Kimberly Rd

Servicing Lender City

DAVENPORT

Servicing Lender State

IA

Servicing Lender Zip

52806-5924

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Iowa City

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-5617

CD

IA-01

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

117596.00

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

24824

Originating Lender

Northwest Bank & Trust Company

Originating Lender City

DAVENPORT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118447.36

Forgiveness Date

11/01/2021

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