PPP Loan information for Sram inc dba motel 6

$129,360

Sram inc dba motel 6 was initially approved for PPP Loan of amount $129,360, the current approved amount is $129,360. The loan was approved on 01/29/2021 by The Citizens Bank, National Association reported 15 jobs and $129,360 was used to fund payroll.

Sram inc dba motel 6 is Existing or more than 2 years old

PPP Loan Search / OH / North Olmsted / Sram inc dba motel 6

SRAM INC DBA MOTEL 6

Date Approved

01/29/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SRAM INC DBA MOTEL 6

Borrower Address

22989 Lorain Rd

Borrower City

North Olmsted

Borrower State

OH

Borrower Zip

44070-1616

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129360.00

Current Approval Amount

129360.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Olmsted

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44070-1616

CD

OH-07

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129354.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130969.03

Forgiveness Date

05/05/2022

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