PPP Loan information for Old towne inn, inc.

$68,600

Old towne inn, inc. was initially approved for PPP Loan of amount $68,600, the current approved amount is $68,600. The loan was approved on 04/04/2020 by The River Bank reported 40 jobs and $68,600 was used to fund payroll.

Old towne inn, inc. is New Business or 2 years or less

OLD TOWNE INN, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OLD TOWNE INN, INC.

Borrower Address

100 E OLD TOWN RD

Borrower City

WESTBY

Borrower State

WI

Borrower Zip

54667-8201

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68600.00

Current Approval Amount

68600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WESTBY

Project County Name

VERNON

Project State

WI

Project Zip

54667-8201

CD

WI-03

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

62800.00

Mortgage Interest Proceed

4800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69106.88

Forgiveness Date

01/07/2021

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