PPP Loan information for Motor inn, inc.

$149,000

Motor inn, inc. was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 04/06/2020 by The NorthStar Bank reported 12 jobs and $149,000 was used to fund payroll.

Motor inn, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ESTHERVILLE / Motor inn, inc.

MOTOR INN, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MOTOR INN, INC.

Borrower Address

114 South 6TH ST

Borrower City

ESTHERVILLE

Borrower State

IA

Borrower Zip

51334-2326

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

121473

Servicing Lender Name

NorthStar Bank

Servicing Lender Address

2202 Central Ave

Servicing Lender City

ESTHERVILLE

Servicing Lender State

IA

Servicing Lender Zip

51334-2461

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESTHERVILLE

Project County Name

EMMET

Project State

IA

Project Zip

51334-2326

CD

IA-04

Jobs Reported

12

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149000.00

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

121473

Originating Lender

NorthStar Bank

Originating Lender City

ESTHERVILLE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150216.49

Forgiveness Date

02/09/2021

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