PPP Loan information for Old towne hotels inc.

$70,000

Old towne hotels inc. was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 01/17/2021 by The Bloomsdale Bank reported 14 jobs and $70,000 was used to fund payroll.

Old towne hotels inc. is Existing or more than 2 years old

OLD TOWNE HOTELS INC.

Date Approved

01/17/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

OLD TOWNE HOTELS INC.

Borrower Address

21958 Highway 32

Borrower City

Sainte Genevieve

Borrower State

MO

Borrower Zip

63670-9190

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Microtel Inn & Suites by Wyndham

Servicing Lender Location Id

40143

Servicing Lender Name

Bloomsdale Bank

Servicing Lender Address

55 Mill Hill Rd

Servicing Lender City

BLOOMSDALE

Servicing Lender State

MO

Servicing Lender Zip

63627-1001

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sainte Genevieve

Project County Name

SAINTE GENEVIEVE

Project State

MO

Project Zip

63670-9190

CD

MO-08

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

69997.00

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

40143

Originating Lender

Bloomsdale Bank

Originating Lender City

BLOOMSDALE

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70429.72

Forgiveness Date

09/08/2021

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