PPP Loan information for Lakshmi hotel group, inc.

$65,512

Lakshmi hotel group, inc. was initially approved for PPP Loan of amount $65,512, the current approved amount is $65,512. The loan was approved on 04/12/2020 by The Uwharrie Bank reported 19 jobs and $65,512 was used to fund payroll.

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

LAKSHMI HOTEL GROUP, INC.

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKSHMI HOTEL GROUP, INC.

Borrower Address

3033 Cloverleaf Pkwy

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28083-6900

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65512.07

Current Approval Amount

65512.07

Undisbursed Amount

0.00

Franchise Name

Comfort 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

19

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65512.07

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

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66065.28

Forgiveness Date

02/22/2021

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