PPP Loan information for Sram inc dba motel 6

$92,400

Sram inc dba motel 6 was initially approved for PPP Loan of amount $92,400, the current approved amount is $92,400. The loan was approved on 05/01/2020 by The Citizens Bank, National Association reported 15 jobs and $92,400 was used to fund payroll.

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

SRAM INC DBA MOTEL 6

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SRAM INC DBA MOTEL 6

Borrower Address

22989 LORAIN ROAD

Borrower City

NORTH OLMSTED

Borrower State

OH

Borrower Zip

44070

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92400.00

Current Approval Amount

92400.00

Undisbursed Amount

0.00

Franchise Name

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

N

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

44070-0001

CD

OH-07

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92400.00

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

38164.54

Forgiveness Date

09/10/2021

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