PPP Loan information for Shri neelkanth varni motel corp

$27,982

Shri neelkanth varni motel corp was initially approved for PPP Loan of amount $27,982, the current approved amount is $27,982. The loan was approved on 01/21/2021 by The Resource Bank, National Association reported 6 jobs and $27,982 was used to fund payroll.

Shri neelkanth varni motel corp is Existing or more than 2 years old

SHRI NEELKANTH VARNI MOTEL CORP

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SHRI NEELKANTH VARNI MOTEL CORP

Borrower Address

800 W Fairview Dr

Borrower City

DeKalb

Borrower State

IL

Borrower Zip

60115-8770

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27982.00

Current Approval Amount

27982.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DeKalb

Project County Name

DEKALB

Project State

IL

Project Zip

60115-8770

CD

IL-14

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

27980.00

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

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28156.89

Forgiveness Date

09/09/2021

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