PPP Loan information for Indianola hotel, llc

$71,400

Indianola hotel, llc was initially approved for PPP Loan of amount $71,400, the current approved amount is $71,400. The loan was approved on 04/07/2020 by The Northwest Bank reported 9 jobs and $71,400 was used to fund payroll.

Indianola hotel, llc is Existing or more than 2 years old

PPP Loan Search / IA / WEST DES MOINES / Indianola hotel, llc

INDIANOLA HOTEL, LLC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

INDIANOLA HOTEL, LLC

Borrower Address

885 S 51st

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50265

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71400.00

Current Approval Amount

71400.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

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

50265-0001

CD

IA-03

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

61400.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72052.52

Forgiveness Date

03/15/2021

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