PPP Loan information for Nara hospitality llc

$231,227

Nara hospitality llc was initially approved for PPP Loan of amount $231,227, the current approved amount is $231,227. The loan was approved on 02/09/2021 by The First Merchants Bank reported 25 jobs and $231,227 was used to fund payroll.

Nara hospitality llc is Existing or more than 2 years old

NARA HOSPITALITY LLC

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NARA HOSPITALITY LLC

Borrower Address

7499 Middlebelt Rd

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48322-4136

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

231227.00

Current Approval Amount

231227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-4136

CD

MI-11

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

231222.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234185.44

Forgiveness Date

05/24/2022

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