PPP Loan information for Rakesh patel

$32,200

Rakesh patel was initially approved for PPP Loan of amount $32,200, the current approved amount is $32,200. The loan was approved on 04/07/2020 by The Bank of Utah reported 22 jobs and $32,200 was used to fund payroll.

Rakesh patel is Existing or more than 2 years old

RAKESH PATEL

Date Approved

04/07/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

RAKESH PATEL

Borrower Address

291 W Burnside Ave

Borrower City

Chubbuck

Borrower State

ID

Borrower Zip

83202-2401

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32200.00

Current Approval Amount

32200.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chubbuck

Project County Name

BANNOCK

Project State

ID

Project Zip

83202-2401

CD

ID-02

Jobs Reported

22

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25760.00

Mortgage Interest Proceed

0.00

Rent Proceed

6440.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32432.90

Forgiveness Date

01/07/2021

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