Swagatam Hospitality Ii, Inc.

$68,300 PPP Loan in Richmond, Indiana

Loan Details

Loan Number
4741597002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$68,300
Current Approval
$68,300
Forgiveness Amount
$68,780
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Swagatam Hospitality Ii, Inc.
Address
533 Eaton Pike
State
Indiana
ZIP Code
47374-2641
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Best Western - Membership Agreement
Business Age
New Business or 2 years or less
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
IN-06

Loan Use Breakdown

Payroll
$53,300
Utilities
$10,000
Debt Interest
$5,000

Lender Information

Servicing Lender
First Bank Richmond
Originating Lender
First Bank Richmond

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