PPP Loan information for Future motels inc

$32,700

Future motels inc was initially approved for PPP Loan of amount $32,700, the current approved amount is $32,700. The loan was approved on 04/09/2020 by The Cornerstone Bank reported 11 jobs and $32,700 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

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FUTURE MOTELS INC

Borrower Address

2496 210TH AVE

Borrower City

PERCIVAL

Borrower State

IA

Borrower Zip

51648-6048

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32700.00

Current Approval Amount

32700.00

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

51648-6048

CD

IA-04

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32700.00

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

22857.64

Forgiveness Date

12/17/2020

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