Rahee Hospitality, Inc.

$253,000 PPP Loan in Wabash, Indiana

Loan Details

Loan Number
4814267010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$253,000
Current Approval
$253,000
Forgiveness Amount
$254,668
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rahee Hospitality, Inc.
Address
1311 Cass St
City
Wabash
State
Indiana
ZIP Code
46992-1029
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$15.0M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$189,750
Utilities
$18,975
Mortgage Interest
$44,275

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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