PPP Loan information for Royal hotel ia, llc

$24,940

Royal hotel ia, llc was initially approved for PPP Loan of amount $24,940, the current approved amount is $24,940. The loan was approved on 04/08/2020 by The Grinnell State Bank reported 6 jobs and $24,940 was used to fund payroll.

Royal hotel ia, llc is New Business or 2 years or less

PPP Loan Search / IA / WASHINGTON / Royal hotel ia, llc

ROYAL HOTEL IA, LLC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ROYAL HOTEL IA, LLC

Borrower Address

119 Westview Drive

Borrower City

WASHINGTON

Borrower State

IA

Borrower Zip

52353-2946

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24940.00

Current Approval Amount

24940.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

IA

Project Zip

52353-2946

CD

IA-01

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

3940.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

18051.13

Forgiveness Date

11/27/2020

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