Date Approved
04/27/2020
SBA Office Code
0304
Processing Method
PPP
Borrower Name
PATEL HOSPITALITY, LLC
Borrower Address
44 PHEASANT RUN
Borrower City
WAYNESBORO
Borrower State
VA
Borrower Zip
22980-7445
Loan Status Date
03/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
45870.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
445435
Servicing Lender Name
Carter Bank & Trust
Servicing Lender Address
1300 Kings Mountain Rd
Servicing Lender City
MARTINSVILLE
Servicing Lender State
Servicing Lender Zip
24112-7268
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
AUGUSTA
Project State
Project Zip
CD
VA-06
Jobs Reported
11
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
46243.33
Forgiveness Date
02/19/2021