PPP Loan information for Desai investments inc

$130,189

Desai investments inc was initially approved for PPP Loan of amount $130,189, the current approved amount is $130,189. The loan was approved on 01/26/2021 by The Nantahala Bank & Trust Company reported 22 jobs and $130,189 was used to fund payroll.

Desai investments inc is Existing or more than 2 years old

PPP Loan Search / NC / Pineville / Desai investments inc

DESAI INVESTMENTS INC

Date Approved

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DESAI INVESTMENTS INC

Borrower Address

9840 Pineville Matthews Rd

Borrower City

Pineville

Borrower State

NC

Borrower Zip

28134-7550

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130189.00

Current Approval Amount

130189.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

398145

Servicing Lender Name

Nantahala Bank & Trust Company

Servicing Lender Address

120 Siler Rd

Servicing Lender City

FRANKLIN

Servicing Lender State

NC

Servicing Lender Zip

28734-1985

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pineville

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28134-7550

CD

NC-14

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130183.00

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

Corporation

Originating Lender Location Id

398145

Originating Lender

Nantahala Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131096.71

Forgiveness Date

10/06/2021

;