PPP Loan information for Ravi lodging inc

$84,000

Ravi lodging inc was initially approved for PPP Loan of amount $85,700, the current approved amount is $84,000. The loan was approved on 04/05/2020 by The Northwest Bank & Trust Company reported 24 jobs and $84,000 was used to fund payroll.

Ravi lodging inc is Existing or more than 2 years old

RAVI LODGING INC

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RAVI LODGING INC

Borrower Address

2706 JAMES ST

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-1806

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85700.00

Current Approval Amount

84000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-1806

CD

IA-01

Jobs Reported

24

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84000.00

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

84971.18

Forgiveness Date

06/11/2021

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