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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BANNOCK
Project State
Project Zip
CD
ID-02
Jobs Reported
22
NAICS Code
721110
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
25760.00
Mortgage Interest Proceed
Rent Proceed
6440.00
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
Unanswered
Veteran
Non Profit
Forgiveness Amount
32432.90
Forgiveness Date
01/07/2021