Vali Hospitality, LLC

Company Details

Name	Role	Address
Satish Patel	Agent	708 Desoto Cove, Horn Lake, MS 38637

Name	Role	Address
Sagar Patel	Member	708 Desoto Cove, Horn Lake, MS 38637
Glenn D. Everton	Member	6489 Quail Hollow, #100, Memphis, TN 38120

Type	Status	Filed Date	Description
Reinstatement	Filed	2024-12-09	Reinstatement For Vali Hospitality, LLC
Admin Dissolution	Filed	2024-01-05	Action of Intent to Dissolve: AR: Vali Hospitality, LLC
Notice to Dissolve/Revoke	Filed	2023-09-08	Notice of Intent to Dissolve: AR: Vali Hospitality, LLC
Annual Report LLC	Filed	2022-08-16	Annual Report For Vali Hospitality, LLC
Annual Report LLC	Filed	2022-02-11	Annual Report For Vali Hospitality, LLC
Annual Report LLC	Filed	2021-04-14	Annual Report For Vali Hospitality, LLC
Reinstatement	Filed	2020-01-17	Reinstatement For Vali Hospitality, LLC
Admin Dissolution	Filed	2018-12-10	Admin Dissolution: AR
Notice to Dissolve/Revoke	Filed	2018-09-07	Notice to Dissolve/Revoke
Annual Report LLC	Filed	2017-10-31	Annual Report For Vali Hospitality, LLC
Notice to Dissolve/Revoke	Filed	2017-09-06	Notice to Dissolve/Revoke
Annual Report LLC	Filed	2016-07-05	Annual Report For Vali Hospitality, LLC
Annual Report LLC	Filed	2015-11-10	Annual Report For Vila Hospitality, LLC
Notice to Dissolve/Revoke	Filed	2015-09-16	Notice to Dissolve/Revoke
Correction Amendment Form	Filed	2014-10-17	Correction For Vila Hospitality, LLC
Formation Form	Filed	2014-10-16	Formation For Vila Hospitality, LLC

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

3498497110

2020-04-11

0470

PPP

708 DESOTO COVE, HORN LAKE, MS, 38637-1469

Loan Status Date	2021-07-08
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	52307.5
Loan Approval Amount (current)	52307.5
Undisbursed Amount	0
Franchise Name	Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
Lender Location ID	224779
Servicing Lender Name	Arkansas Capital Corporation
Servicing Lender Address	200 River Market Ave. Suite 400, Little Rock, AR, 72201-1728
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	HORN LAKE, DESOTO, MS, 38637-1469
Project Congressional District	MS-01
Number of Employees	12
NAICS code	721110
Borrower Race	Unanswered
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Limited Liability Company(LLC)
Originating Lender ID	224779
Originating Lender Name	Arkansas Capital Corporation
Originating Lender Address	Little Rock, AR
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	52920.86
Forgiveness Paid Date	2021-06-23

4808938304

2021-01-23

0470

PPS

708 Desoto Cv, Horn Lake, MS, 38637-1469

Loan Status Date	2021-09-28
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	90569.03
Loan Approval Amount (current)	90569.03
Undisbursed Amount	0
Franchise Name	Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
Lender Location ID	4845
Servicing Lender Name	Fidelity Bank
Servicing Lender Address	330 W Broadway, WEST MEMPHIS, AR, 72301-3906
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Horn Lake, DESOTO, MS, 38637-1469
Project Congressional District	MS-01
Number of Employees	13
NAICS code	721110
Borrower Race	Unanswered
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Limited Liability Company(LLC)
Originating Lender ID	4845
Originating Lender Name	Fidelity Bank
Originating Lender Address	WEST MEMPHIS, AR
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	91087.63
Forgiveness Paid Date	2021-08-31

Date of last update: 29 Mar 2025