PPP Loan information for Lalani lodging, inc.

$580,700

Lalani lodging, inc. was initially approved for PPP Loan of amount $580,700, the current approved amount is $580,700. The loan was approved on 04/05/2020 by The First National Bank of Central Texas reported 120 jobs and $580,700 was used to fund payroll.

Lalani lodging, inc. is Existing or more than 2 years old

PPP Loan Search / TX / WACO / Lalani lodging, inc.

LALANI LODGING, INC.

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

LALANI LODGING, INC.

Borrower Address

PO BOX 21087

Borrower City

WACO

Borrower State

TX

Borrower Zip

76702

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

580700.00

Current Approval Amount

580700.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

71367

Servicing Lender Name

First National Bank of Central Texas

Servicing Lender Address

1835 N Valley Mills Dr

Servicing Lender City

WACO

Servicing Lender State

TX

Servicing Lender Zip

76710-2556

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76702-0001

CD

TX-17

Jobs Reported

120

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435525.00

Mortgage Interest Proceed

0.00

Rent Proceed

145175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

71367

Originating Lender

First National Bank of Central Texas

Originating Lender City

WACO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

584550.12

Forgiveness Date

12/09/2020

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