PPP Loan information for Riverside hotels inc

$56,875

Riverside hotels inc was initially approved for PPP Loan of amount $56,875, the current approved amount is $56,875. The loan was approved on 04/06/2020 by The Grinnell State Bank reported 11 jobs and $56,875 was used to fund payroll.

Riverside hotels inc is Existing or more than 2 years old

PPP Loan Search / IA / CORALVILLE / Riverside hotels inc

RIVERSIDE HOTELS INC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RIVERSIDE HOTELS INC

Borrower Address

2491 Holiday RD

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-4705

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56875.00

Current Approval Amount

56875.00

Undisbursed Amount

0.00

Franchise Name

MainStay Suites by Choice Hotels

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

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-4705

CD

IA-01

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56875.00

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

57390.03

Forgiveness Date

03/10/2021

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