PPP Loan information for Quad city hospitality

$41,470

Quad city hospitality was initially approved for PPP Loan of amount $41,470, the current approved amount is $41,470. The loan was approved on 04/10/2020 by The Grinnell State Bank reported 11 jobs and $41,470 was used to fund payroll.

Quad city hospitality is Existing or more than 2 years old

QUAD CITY HOSPITALITY

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

QUAD CITY HOSPITALITY

Borrower Address

101 W 65 St

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806-2059

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41470.00

Current Approval Amount

41470.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52806-2059

CD

IA-01

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41470.00

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

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41991.83

Forgiveness Date

07/14/2021

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