PPP Loan information for Welcome rens inc

$42,700

Welcome rens inc was initially approved for PPP Loan of amount $42,700, the current approved amount is $42,700. The loan was approved on 04/17/2021 by The GBank reported 14 jobs and $42,700 was used to fund payroll.

Welcome rens inc is Existing or more than 2 years old

PPP Loan Search / IN / Rensselaer / Welcome rens inc

WELCOME RENS INC

Date Approved

04/17/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WELCOME RENS INC

Borrower Address

4788 Nesbitt Dr

Borrower City

Rensselaer

Borrower State

IN

Borrower Zip

47978-8912

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42700.00

Current Approval Amount

42700.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

450833

Servicing Lender Name

GBank

Servicing Lender Address

9115 W Russell Rd, Ste 110

Servicing Lender City

LAS VEGAS

Servicing Lender State

NV

Servicing Lender Zip

89148-1235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rensselaer

Project County Name

JASPER

Project State

IN

Project Zip

47978-8912

CD

IN-04

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42694.00

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

450833

Originating Lender

GBank

Originating Lender City

LAS VEGAS

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42917.06

Forgiveness Date

10/27/2021

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