PPP Loan information for Shakti motel, l.l.c.

$90,700

Shakti motel, l.l.c. was initially approved for PPP Loan of amount $95,700, the current approved amount is $90,700. The loan was approved on 04/09/2020 by The Wilson Bank & Trust reported 15 jobs and $90,700 was used to fund payroll.

Shakti motel, l.l.c. is Existing or more than 2 years old

SHAKTI MOTEL, L.L.C.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHAKTI MOTEL, L.L.C.

Borrower Address

1131 S JEFFERSON AVE

Borrower City

COOKEVILLE

Borrower State

TN

Borrower Zip

38506-4220

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95700.00

Current Approval Amount

90700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111740

Servicing Lender Name

Wilson Bank & Trust

Servicing Lender Address

623 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COOKEVILLE

Project County Name

PUTNAM

Project State

TN

Project Zip

38506-4220

CD

TN-06

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

111740

Originating Lender

Wilson Bank & Trust

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81193.04

Forgiveness Date

11/27/2020

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