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NEW CIRCLE, LLC

Company Details

Name: NEW CIRCLE, LLC
Legal type: Kentucky Limited Liability Company
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 02 Dec 2005 (19 years ago)
Organization Date: 02 Dec 2005 (19 years ago)
Last Annual Report: 14 Jun 2024 (10 months ago)
Managed By: Members
Organization Number: 0626859
Industry: Hotels, Rooming Houses, Camps, and other Lodging Places
Number of Employees: Small (0-19)
ZIP code: 40509
City: Lexington
Primary County: Fayette County
Principal Office: 2452 SIR BARTON WAY STE 101, LEXINGTON, KY 40509
Place of Formation: KENTUCKY

Registered Agent

Name Role
PRAKASH MAGGAN Registered Agent

Member

Name Role
THAKOR MAGGAN Member
PRAKASH MAGGAN Member
KETAN PATEL Member
BHAVISHA PATEL Member
DIPAK PATEL Member
AKASH PATEL Member

Organizer

Name Role
THAKOR MAGGAN Organizer

Assumed Names

Name Status Expiration Date
CANDLEWOOD SUITES-LEXINGTON Inactive 2025-02-12

Filings

Name File Date
Annual Report 2024-06-14
Annual Report 2023-06-19
Annual Report 2022-06-28
Annual Report 2021-06-19
Registered Agent name/address change 2020-04-28
Principal Office Address Change 2020-04-28
Annual Report 2020-04-28
Name Renewal 2019-08-13
Annual Report 2019-05-29
Annual Report 2018-05-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8570197003 2020-04-08 0457 PPP 2240 EXECUTIVE DR STE 201, LEXINGTON, KY, 40505-4808
Loan Status Date 2021-03-09
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 66075
Loan Approval Amount (current) 66075
Undisbursed Amount 0
Franchise Name Candlewood Suites
Lender Location ID 75497
Servicing Lender Name WesBanco Bank, Inc.
Servicing Lender Address 1 Bank Plz, WHEELING, WV, 26003-3543
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LEXINGTON, FAYETTE, KY, 40505-4808
Project Congressional District KY-06
Number of Employees 18
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 75497
Originating Lender Name WesBanco Bank, Inc.
Originating Lender Address WHEELING, WV
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 66641.62
Forgiveness Paid Date 2021-02-23
2483028304 2021-01-20 0457 PPS 2452 Sir Barton Way Ste 101, Lexington, KY, 40509-2734
Loan Status Date 2022-01-31
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 61355.77
Loan Approval Amount (current) 61355.77
Undisbursed Amount 0
Franchise Name -
Lender Location ID 75497
Servicing Lender Name WesBanco Bank, Inc.
Servicing Lender Address 1 Bank Plz, WHEELING, WV, 26003-3543
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Lexington, FAYETTE, KY, 40509-2734
Project Congressional District KY-06
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 75497
Originating Lender Name WesBanco Bank, Inc.
Originating Lender Address WHEELING, WV
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 61895.36
Forgiveness Paid Date 2021-12-10

Sources: Kentucky Secretary of State