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
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
Servicing Lender Zip
52240-4065
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
JASPER
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
42715.76
Forgiveness Date
12/30/2020