PPP Loan information for Best western plus layton park hotel inc

$109,500

Best western plus layton park hotel inc was initially approved for PPP Loan of amount $109,500, the current approved amount is $109,500. The loan was approved on 04/15/2020 by The Bank of Utah reported 20 jobs and $109,500 was used to fund payroll.

Best western plus layton park hotel inc is Existing or more than 2 years old

BEST WESTERN PLUS LAYTON PARK HOTEL INC

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BEST WESTERN PLUS LAYTON PARK HOTEL INC

Borrower Address

798 W 1425 N

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041-1946

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109500.00

Current Approval Amount

109500.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-1946

CD

UT-01

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3900.00

Payroll Proceed

87600.00

Mortgage Interest Proceed

18000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110310.00

Forgiveness Date

01/20/2021

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