PPP Loan information for Lakshmi hotel group inc.

$91,717

Lakshmi hotel group inc. was initially approved for PPP Loan of amount $91,717, the current approved amount is $91,717. The loan was approved on 01/20/2021 by The Uwharrie Bank reported 18 jobs and $91,717 was used to fund payroll.

Lakshmi hotel group inc. is Existing or more than 2 years old

PPP Loan Search / NC / Kannapolis / Lakshmi hotel group inc.

LAKSHMI HOTEL GROUP INC.

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LAKSHMI HOTEL GROUP INC.

Borrower Address

3033 Cloverleaf Pkwy

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28083-6900

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91716.90

Current Approval Amount

91716.90

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kannapolis

Project County Name

CABARRUS

Project State

NC

Project Zip

28083-6900

CD

NC-08

Jobs Reported

18

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91713.90

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92198.41

Forgiveness Date

08/03/2021

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