Date Approved
04/13/2020
SBA Office Code
0341
Processing Method
PPP
Borrower Name
KAB HOSPITALITY, LLC
Borrower Address
755 MIDDLETOWN WARWICK RD
Borrower City
MIDDLETOWN
Borrower State
DE
Borrower Zip
19709-9095
Loan Status Date
02/24/2021
Loan Status
Charged Off
Term
3
SBA Guaranty Percentage
100
Initial Approval Amount
175100.00
Current Approval Amount
154900.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
NEW CASTLE
Project State
Project Zip
CD
DE-
Jobs Reported
25
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
Forgiveness Date