PPP Loan information for Shakti hospitality inc

$49,400

Shakti hospitality inc was initially approved for PPP Loan of amount $49,400, the current approved amount is $49,400. The loan was approved on 03/25/2021 by The Truist Bank reported 7 jobs and $49,400 was used to fund payroll.

Shakti hospitality inc is Existing or more than 2 years old

SHAKTI HOSPITALITY INC

Date Approved

03/25/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

SHAKTI HOSPITALITY INC

Borrower Address

200 Lee Industrial Blvd

Borrower City

Austell

Borrower State

GA

Borrower Zip

30168-7438

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49400.00

Current Approval Amount

49400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Austell

Project County Name

COBB

Project State

GA

Project Zip

30168-7438

CD

GA-14

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49399.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49793.83

Forgiveness Date

01/11/2022

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