Akal Hospitality LLC

$98,000 PPP Loan in Ruidoso Downs, New Mexico

Loan Details

Loan Number
7473578402
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$98,000
Current Approval
$98,000
Forgiveness Amount
$98,512
Forgiveness Date
Aug 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Akal Hospitality LLC
Address
26141 US Highway 70
ZIP Code
88346-9151
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hampton Inn
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
NM-01

Loan Use Breakdown

Payroll
$97,995
Utilities
$1

Lender Information

Servicing Lender
First American Bank
Originating Lender
First American Bank

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