PPP Loan information for Hotel development inc.

$126,423

Hotel development inc. was initially approved for PPP Loan of amount $126,423, the current approved amount is $126,423. The loan was approved on 01/22/2021 by The Community State Bank reported 13 jobs and $126,423 was used to fund payroll.

Hotel development inc. is Existing or more than 2 years old

HOTEL DEVELOPMENT INC.

Date Approved

01/22/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

HOTEL DEVELOPMENT INC.

Borrower Address

8661 Plum Dr

Borrower City

Urbandale

Borrower State

IA

Borrower Zip

50322-6211

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126423.00

Current Approval Amount

126423.00

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

24553

Servicing Lender Name

Community State Bank

Servicing Lender Address

817 N Ankeny Blvd

Servicing Lender City

ANKENY

Servicing Lender State

IA

Servicing Lender Zip

50023-1768

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Urbandale

Project County Name

POLK

Project State

IA

Project Zip

50322-6211

CD

IA-03

Jobs Reported

13

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126417.00

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

24553

Originating Lender

Community State Bank

Originating Lender City

ANKENY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127620.51

Forgiveness Date

01/06/2022

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