PPP Loan information for Algona lodge & suites llc

$49,574

Algona lodge & suites llc was initially approved for PPP Loan of amount $49,574, the current approved amount is $49,574. The loan was approved on 01/17/2021 by The Iowa State Bank reported 44 jobs and $49,574 was used to fund payroll.

Algona lodge & suites llc is Existing or more than 2 years old

PPP Loan Search / IA / Algona / Algona lodge & suites llc

ALGONA LODGE & SUITES LLC

Date Approved

01/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

ALGONA LODGE & SUITES LLC

Borrower Address

1909 Highway 18 E

Borrower City

Algona

Borrower State

IA

Borrower Zip

50511-1274

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49574.00

Current Approval Amount

49574.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Algona

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-1274

CD

IA-04

Jobs Reported

44

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49572.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49787.44

Forgiveness Date

06/30/2021

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