PPP Loan information for Econolodge

$32,400

Econolodge was initially approved for PPP Loan of amount $32,400, the current approved amount is $32,400. The loan was approved on 04/11/2020 by The First National Bank reported 9 jobs and $32,400 was used to fund payroll.

Econolodge is Existing or more than 2 years old

ECONOLODGE

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ECONOLODGE

Borrower Address

1010 N MAIN ST

Borrower City

CLOVERDALE

Borrower State

IN

Borrower Zip

46120-8698

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32400.00

Current Approval Amount

32400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22995

Servicing Lender Name

First National Bank

Servicing Lender Address

302 S Main St

Servicing Lender City

CLOVERDALE

Servicing Lender State

IN

Servicing Lender Zip

46120-8651

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLOVERDALE

Project County Name

PUTNAM

Project State

IN

Project Zip

46120-8698

CD

IN-04

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32400.00

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

22995

Originating Lender

First National Bank

Originating Lender City

CLOVERDALE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32661.90

Forgiveness Date

02/09/2021

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