PPP Loan information for Palace hotel

$62,645

Palace hotel was initially approved for PPP Loan of amount $62,645, the current approved amount is $62,645. The loan was approved on 04/15/2020 by The High Country Bank reported 5 jobs and $62,645 was used to fund payroll.

Palace hotel is Existing or more than 2 years old

PALACE HOTEL

Date Approved

04/15/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PALACE HOTEL

Borrower Address

204 North F Street

Borrower City

SALIDA

Borrower State

CO

Borrower Zip

81201

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62645.00

Current Approval Amount

62645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

83040

Servicing Lender Name

High Country Bank

Servicing Lender Address

7360 W Hwy 50

Servicing Lender City

SALIDA

Servicing Lender State

CO

Servicing Lender Zip

81201-9341

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALIDA

Project County Name

CHAFFEE

Project State

CO

Project Zip

81201-0001

CD

CO-07

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62645.00

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

Corporation

Originating Lender Location Id

83040

Originating Lender

High Country Bank

Originating Lender City

SALIDA

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63092.95

Forgiveness Date

01/07/2021

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