PPP Loan information for Cantilever hotels, l.l.c.

$182,100

Cantilever hotels, l.l.c. was initially approved for PPP Loan of amount $182,100, the current approved amount is $182,100. The loan was approved on 04/29/2020 by The Farmers & Merchants Savings Bank reported 41 jobs and $182,100 was used to fund payroll.

Cantilever hotels, l.l.c. is Existing or more than 2 years old

PPP Loan Search / IA / CORALVILLE / Cantilever hotels, l.l.c.

CANTILEVER HOTELS, L.L.C.

Date Approved

04/29/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CANTILEVER HOTELS, L.L.C.

Borrower Address

921 EAST 2ND AVE

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2205

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182100.00

Current Approval Amount

182100.00

Undisbursed Amount

0.00

Franchise Name

Homewood Suites by Hilton

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2205

CD

IA-01

Jobs Reported

41

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9105.00

Payroll Proceed

136575.00

Mortgage Interest Proceed

36420.00

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

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173127.88

Forgiveness Date

12/09/2020

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