PPP Loan information for Newton lodge and suites llc

$42,420

Newton lodge and suites llc was initially approved for PPP Loan of amount $42,420, the current approved amount is $42,420. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 15 jobs and $42,420 was used to fund payroll.

Newton lodge and suites llc is New Business or 2 years or less

NEWTON LODGE AND SUITES LLC

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEWTON LODGE AND SUITES LLC

Borrower Address

4401 S 22ND AVE EAST

Borrower City

NEWTON

Borrower State

IA

Borrower Zip

50208-8260

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42420.00

Current Approval Amount

42420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWTON

Project County Name

JASPER

Project State

IA

Project Zip

50208-8260

CD

IA-01

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4242.00

Payroll Proceed

33936.00

Mortgage Interest Proceed

4242.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42715.76

Forgiveness Date

12/30/2020

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