PPP Loan information for Nilkanth hospitality, inc.

$15,724

Nilkanth hospitality, inc. was initially approved for PPP Loan of amount $15,724, the current approved amount is $15,724. The loan was approved on 04/09/2020 by The Security State Bank reported 7 jobs and $15,724 was used to fund payroll.

Nilkanth hospitality, inc. is New Business or 2 years or less

PPP Loan Search / MN / RED WING / Nilkanth hospitality, inc.

NILKANTH HOSPITALITY, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NILKANTH HOSPITALITY, INC.

Borrower Address

752 Withers Harbor Dr

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2089

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15723.62

Current Approval Amount

15723.62

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

24641

Servicing Lender Name

Security State Bank

Servicing Lender Address

1 East State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2641

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2089

CD

MN-01

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15723.62

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

24641

Originating Lender

Security State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15862.95

Forgiveness Date

03/03/2021

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