PPP Loan information for Restwel motel

$14,000

Restwel motel was initially approved for PPP Loan of amount $14,000, the current approved amount is $14,000. The loan was approved on 04/27/2020 by The First State Bank of Forsyth reported 3 jobs and $14,000 was used to fund payroll.

Restwel motel is Existing or more than 2 years old

RESTWEL MOTEL

Date Approved

04/27/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

RESTWEL MOTEL

Borrower Address

810 Front Street

Borrower City

FORSYTH

Borrower State

MT

Borrower Zip

59327

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14000.00

Current Approval Amount

14000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41917

Servicing Lender Name

First State Bank of Forsyth

Servicing Lender Address

880 Main St

Servicing Lender City

FORSYTH

Servicing Lender State

MT

Servicing Lender Zip

59327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORSYTH

Project County Name

ROSEBUD

Project State

MT

Project Zip

59327-0001

CD

MT-02

Jobs Reported

3

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14000.00

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

Sole Proprietorship

Originating Lender Location Id

41917

Originating Lender

First State Bank of Forsyth

Originating Lender City

FORSYTH

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14060.67

Forgiveness Date

10/13/2020

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