PPP Loan information for Super 7 motels llc

$42,500

Super 7 motels llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/06/2020 by The Grinnell State Bank reported 10 jobs and $42,500 was used to fund payroll.

Super 7 motels llc is Existing or more than 2 years old

SUPER 7 MOTELS LLC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SUPER 7 MOTELS LLC

Borrower Address

810 1st Ave

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241-2106

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-2106

CD

IA-01

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

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

42873.06

Forgiveness Date

03/10/2021

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