PPP Loan information for Motel west

$34,700

Motel west was initially approved for PPP Loan of amount $34,700, the current approved amount is $34,700. The loan was approved on 04/29/2020 by The Dacotah Bank reported 3 jobs and $34,700 was used to fund payroll.

Motel west is Existing or more than 2 years old

MOTEL WEST

Date Approved

04/29/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MOTEL WEST

Borrower Address

421 N Auto Ave

Borrower City

PHILIP

Borrower State

SD

Borrower Zip

57567-0695

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34700.00

Current Approval Amount

34700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHILIP

Project County Name

HAAKON

Project State

SD

Project Zip

57567-0695

CD

SD-

Jobs Reported

3

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

33200.00

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

Sole Proprietorship

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34935.19

Forgiveness Date

01/06/2021

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