PPP Loan information for Montrose lodging

$162,750

Montrose lodging was initially approved for PPP Loan of amount $162,750, the current approved amount is $162,750. The loan was approved on 01/26/2021 by The Home Loan State Bank reported 26 jobs and $162,750 was used to fund payroll.

Montrose lodging is Existing or more than 2 years old

MONTROSE LODGING

Date Approved

01/26/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MONTROSE LODGING

Borrower Address

1980 N Townsend Ave

Borrower City

Montrose

Borrower State

CO

Borrower Zip

81401-5929

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

162750.00

Current Approval Amount

162750.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

110277

Servicing Lender Name

Home Loan State Bank

Servicing Lender Address

205 N 4th St

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81501-2543

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Montrose

Project County Name

MONTROSE

Project State

CO

Project Zip

81401-5929

CD

CO-03

Jobs Reported

26

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162750.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

110277

Originating Lender

Home Loan State Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163975.15

Forgiveness Date

10/27/2021

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