Akal Hospitality LLC
$76,600 PPP Loan in Ruidoso Downs, New Mexico
Loan Details
- Loan Number
- 5245117004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $76,600
- Current Approval
- $76,600
- Forgiveness Amount
- $77,151
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Akal Hospitality LLC
- Address
- 26141 US Highway 70e
- City
- Ruidoso Downs
- State
- New Mexico
- ZIP Code
- 88346-9151
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Hampton Inn
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 21
- Estimated Revenue
- $6.6M
- Rural/Urban
- Rural
- Congressional District
- NM-01
Loan Use Breakdown
- Payroll
- $76,600
Lender Information
- Servicing Lender
- First American Bank
- Originating Lender
- First American Bank
Other PPP Loans in Ruidoso Downs, NM
| Business | Approved | |
|---|---|---|
| All-American Ruidoso Downs LLC | $1,295,325 |  Research |
| All-American Ruidoso Downs, LLC | $1,295,300 | Research |
| Ruidoso Jockey Club Inc. | $137,640 | Research |
| Shivam Investments LLC | $107,366 | Research |
| Akal Hospitality LLC | $98,000 | Research |
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