PPP Loan information for Iec hotel corporation

$1,735,426

Iec hotel corporation was initially approved for PPP Loan of amount $1,735,426, the current approved amount is $1,735,426. The loan was approved on 03/26/2021 by The First Interstate Bank reported 120 jobs and $1,735,426 was used to fund payroll.

Iec hotel corporation is Existing or more than 2 years old

PPP Loan Search / IA / West Des Moines / Iec hotel corporation

IEC HOTEL CORPORATION

Date Approved

03/26/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

IEC HOTEL CORPORATION

Borrower Address

5000 Westown Pkwy

Borrower City

West Des Moines

Borrower State

IA

Borrower Zip

50266-5921

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1735426.00

Current Approval Amount

1735426.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50266-5921

CD

IA-03

Jobs Reported

120

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1735421.00

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

Non-Profit Organization

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1749166.77

Forgiveness Date

01/31/2022

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