PPP Loan information for Shamin hotels inc

$1,637,643

Shamin hotels inc was initially approved for PPP Loan of amount $1,637,643, the current approved amount is $1,637,643. The loan was approved on 01/25/2021 by The Citizens and Farmers Bank reported 61 jobs and $1,637,643 was used to fund payroll.

Shamin hotels inc is Existing or more than 2 years old

PPP Loan Search / VA / Chester / Shamin hotels inc

SHAMIN HOTELS INC

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SHAMIN HOTELS INC

Borrower Address

2000 Ware Bottom Spring Rd

Borrower City

Chester

Borrower State

VA

Borrower Zip

23836-4200

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1637643.00

Current Approval Amount

1637643.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chester

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-4200

CD

VA-04

Jobs Reported

61

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1637637.00

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

Subchapter S Corporation

Originating Lender Location Id

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1653929.70

Forgiveness Date

01/25/2022

;