PPP Loan information for Sulai hospitality, inc.

$69,700

Sulai hospitality, inc. was initially approved for PPP Loan of amount $69,700, the current approved amount is $69,700. The loan was approved on 04/04/2020 by The Sutton Bank reported 17 jobs and $69,700 was used to fund payroll.

Sulai hospitality, inc. is Existing or more than 2 years old

SULAI HOSPITALITY, INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SULAI HOSPITALITY, INC.

Borrower Address

1000 N BALDWIN AVE

Borrower City

MARION

Borrower State

IN

Borrower Zip

46952-2538

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69700.00

Current Approval Amount

69700.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

GRANT

Project State

IN

Project Zip

46952-2538

CD

IN-05

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8712.50

Payroll Proceed

52275.00

Mortgage Interest Proceed

8712.50

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

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60089.28

Forgiveness Date

12/09/2020

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