PPP Loan information for Budget motel inc

$574,980

Budget motel inc was initially approved for PPP Loan of amount $574,980, the current approved amount is $574,980. The loan was approved on 01/26/2021 by The D. L. Evans Bank reported 70 jobs and $574,980 was used to fund payroll.

Budget motel inc is Existing or more than 2 years old

PPP Loan Search / ID / Burley / Budget motel inc

BUDGET MOTEL INC

Date Approved

01/26/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

BUDGET MOTEL INC

Borrower Address

800 N Overland Ave

Borrower City

Burley

Borrower State

ID

Borrower Zip

83318-3442

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

574980.00

Current Approval Amount

574980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burley

Project County Name

CASSIA

Project State

ID

Project Zip

83318-3442

CD

ID-02

Jobs Reported

70

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

574976.00

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

Corporation

Originating Lender Location Id

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

582226.32

Forgiveness Date

05/05/2022

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