Akshar Indianapolis Hotel, LLC

$916,855 PPP Loan in Indianapolis, Indiana

Loan Details

Loan Number
1319317708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$916,855
Current Approval
$916,855
Forgiveness Amount
$928,511
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Akshar Indianapolis Hotel, LLC
Address
2544 Executive Dr
State
Indiana
ZIP Code
46241
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$156.3M
Rural/Urban
Urban
Congressional District
IN-07

Loan Use Breakdown

Payroll
$565,855
Utilities
$225,000
Health Care
$30,000
Mortgage Interest
$96,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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