PPP Loan information for Express motels ltd co

$42,583

Express motels ltd co was initially approved for PPP Loan of amount $42,583, the current approved amount is $42,583. The loan was approved on 04/28/2020 by The TBK Bank, SSB reported 1 jobs and $42,583 was used to fund payroll.

Express motels ltd co is Existing or more than 2 years old

EXPRESS MOTELS LTD CO

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

EXPRESS MOTELS LTD CO

Borrower Address

119 Route 66 East

Borrower City

MORIARTY

Borrower State

NM

Borrower Zip

87035

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42582.75

Current Approval Amount

42582.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORIARTY

Project County Name

TORRANCE

Project State

NM

Project Zip

87035-0001

CD

NM-01

Jobs Reported

1

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10645.69

Payroll Proceed

31937.06

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

Independent Contractors

Originating Lender Location Id

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42878.46

Forgiveness Date

01/07/2021

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