Lalani Lodging, Inc.
$580,700 PPP Loan in Waco, Texas
Loan Details
- Loan Number
- 5421327008
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $580,700
- Current Approval
- $580,700
- Forgiveness Amount
- $584,550
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lalani Lodging, Inc.
- Address
- Po Box 21087
- City
- Waco
- State
- Texas
- ZIP Code
- 76702
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Hilton Garden Inn
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 120
- Estimated Revenue
- $37.5M
- Rural/Urban
- Urban
- Congressional District
- TX-17
Loan Use Breakdown
- Payroll
- $435,525
- Rent
- $145,175
Lender Information
- Servicing Lender
- First National Bank of Central Texas
- Originating Lender
- First National Bank of Central Texas
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