PPP Loan information for South indy hotels llc

$45,895

South indy hotels llc was initially approved for PPP Loan of amount $45,895, the current approved amount is $45,895. The loan was approved on 02/27/2021 by The First Merchants Bank reported 10 jobs and $45,895 was used to fund payroll.

South indy hotels llc is Existing or more than 2 years old

SOUTH INDY HOTELS LLC

Date Approved

02/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SOUTH INDY HOTELS LLC

Borrower Address

2211 N SR 3

Borrower City

Greensburg

Borrower State

IN

Borrower Zip

47240

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45895.00

Current Approval Amount

45895.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensburg

Project County Name

DECATUR

Project State

IN

Project Zip

47240

CD

IN-06

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45895.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46216.89

Forgiveness Date

11/16/2021

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