PPP Loan information for Midwest hotel management, inc

$88,360

Midwest hotel management, inc was initially approved for PPP Loan of amount $88,360, the current approved amount is $88,360. The loan was approved on 04/06/2020 by The Community State Bank reported 12 jobs and $88,360 was used to fund payroll.

Midwest hotel management, inc is Existing or more than 2 years old

MIDWEST HOTEL MANAGEMENT, INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MIDWEST HOTEL MANAGEMENT, INC

Borrower Address

8811 PLUM DR

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-6221

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88360.00

Current Approval Amount

88360.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

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

50322-6221

CD

IA-03

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88360.00

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

Subchapter S 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

89246.05

Forgiveness Date

04/21/2021

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