PPP Loan information for Motor lodge associates of madison

$663,900

Motor lodge associates of madison was initially approved for PPP Loan of amount $663,900, the current approved amount is $663,900. The loan was approved on 04/07/2020 by The Settlers Bank reported 121 jobs and $663,900 was used to fund payroll.

Motor lodge associates of madison is Existing or more than 2 years old

PPP Loan Search / WI / MADISON / Motor lodge associates of madison

MOTOR LODGE ASSOCIATES OF MADISON

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MOTOR LODGE ASSOCIATES OF MADISON

Borrower Address

525 WEST JOHNSON ST

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53703-1916

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

663900.00

Current Approval Amount

663900.00

Undisbursed Amount

0.00

Franchise Name

DoubleTree by Hilton

Servicing Lender Location Id

452244

Servicing Lender Name

Settlers Bank

Servicing Lender Address

4021 Meridian Dr

Servicing Lender City

DE FOREST

Servicing Lender State

WI

Servicing Lender Zip

53598-9698

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53703-1916

CD

WI-02

Jobs Reported

121

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

82987.50

Payroll Proceed

497925.00

Mortgage Interest Proceed

82987.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

452244

Originating Lender

Settlers Bank

Originating Lender City

DE FOREST

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

669502.22

Forgiveness Date

02/18/2021

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