PPP Loan information for Liberty hotels incorporated

$21,975

Liberty hotels incorporated was initially approved for PPP Loan of amount $25,000, the current approved amount is $21,975. The loan was approved on 04/10/2020 by The First Central State Bank reported 6 jobs and $21,975 was used to fund payroll.

Liberty hotels incorporated is Existing or more than 2 years old

LIBERTY HOTELS INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

LIBERTY HOTELS INCORPORATED

Borrower Address

1711 Lincoln Way

Borrower City

CLINTON

Borrower State

IA

Borrower Zip

52732-7016

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

21975.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

CLINTON

Project State

IA

Project Zip

52732-7016

CD

IA-01

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2975.00

Payroll Proceed

16000.00

Mortgage Interest Proceed

3000.00

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

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22145.98

Forgiveness Date

01/26/2021

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