PPP Loan information for El rancho motel

$36,947

El rancho motel was initially approved for PPP Loan of amount $36,947, the current approved amount is $36,947. The loan was approved on 04/06/2020 by The Sterling Bank reported 12 jobs and $36,947 was used to fund payroll.

El rancho motel is Existing or more than 2 years old

PPP Loan Search / WI / LADYSMITH / El rancho motel

EL RANCHO MOTEL

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

EL RANCHO MOTEL

Borrower Address

800 College Ave

Borrower City

LADYSMITH

Borrower State

WI

Borrower Zip

54848-2114

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36947.00

Current Approval Amount

36947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75627

Servicing Lender Name

Sterling Bank

Servicing Lender Address

234 E LaSalle Ave

Servicing Lender City

BARRON

Servicing Lender State

WI

Servicing Lender Zip

54812-1425

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LADYSMITH

Project County Name

RUSK

Project State

WI

Project Zip

54848-2114

CD

WI-07

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36947.00

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

Sole Proprietorship

Originating Lender Location Id

75627

Originating Lender

Sterling Bank

Originating Lender City

BARRON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37220.00

Forgiveness Date

01/07/2021

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