Raahi Nivas INC

$42,800 PPP Loan in Mendota, Illinois

Loan Details

Loan Number
5880017106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$42,800
Current Approval
$42,800
Forgiveness Amount
$43,106
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raahi Nivas INC
Address
307 Kailash Dr
ZIP Code
61342-9233
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Quality Inn by Choice Hotels /quality Inn & Suites by Choice Hotels
Business Age
New Business or 2 years or less
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$34,314
Utilities
$6,000
Mortgage Interest
$2,486

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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