PPP Loan information for Akal hospitality llc

$76,600

Akal hospitality llc was initially approved for PPP Loan of amount $76,600, the current approved amount is $76,600. The loan was approved on 04/05/2020 by The First American Bank reported 21 jobs and $76,600 was used to fund payroll.

Akal hospitality llc is New Business or 2 years or less

PPP Loan Search / NM / RUIDOSO DOWNS / Akal hospitality llc

AKAL HOSPITALITY LLC

Date Approved

04/05/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

AKAL HOSPITALITY LLC

Borrower Address

26141 US HIGHWAY 70E

Borrower City

RUIDOSO DOWNS

Borrower State

NM

Borrower Zip

88346-9151

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76600.00

Current Approval Amount

76600.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RUIDOSO DOWNS

Project County Name

LINCOLN

Project State

NM

Project Zip

88346-9151

CD

NM-01

Jobs Reported

21

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76600.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77151.09

Forgiveness Date

01/07/2021

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