PPP Loan information for Future motels inc.

$67,725

Future motels inc. was initially approved for PPP Loan of amount $67,725, the current approved amount is $67,725. The loan was approved on 01/30/2021 by The Cornerstone Bank reported 14 jobs and $67,725 was used to fund payroll.

Future motels inc. is Existing or more than 2 years old

PPP Loan Search / IA / Percival / Future motels inc.

FUTURE MOTELS INC.

Date Approved

01/30/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

FUTURE MOTELS INC.

Borrower Address

2103 249th St

Borrower City

Percival

Borrower State

IA

Borrower Zip

51648-6065

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67725.00

Current Approval Amount

67725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42727

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

529 Lincoln Ave

Servicing Lender City

YORK

Servicing Lender State

NE

Servicing Lender Zip

68467-2944

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Percival

Project County Name

FREMONT

Project State

IA

Project Zip

51648-6065

CD

IA-04

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

67723.00

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

42727

Originating Lender

Cornerstone Bank

Originating Lender City

YORK

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68046.69

Forgiveness Date

07/30/2021

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