PPP Loan information for Swami motel inc.

$46,000

Swami motel inc. was initially approved for PPP Loan of amount $46,000, the current approved amount is $46,000. The loan was approved on 01/25/2021 by The FNNB Bank reported 9 jobs and $46,000 was used to fund payroll.

Swami motel inc. is Existing or more than 2 years old

SWAMI MOTEL INC.

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SWAMI MOTEL INC.

Borrower Address

710 Warren Ave

Borrower City

Osceola

Borrower State

IA

Borrower Zip

50213-9537

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

46000.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

25307

Servicing Lender Name

FNNB Bank

Servicing Lender Address

100 N 2nd Ave W

Servicing Lender City

NEWTON

Servicing Lender State

IA

Servicing Lender Zip

50208-3246

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Osceola

Project County Name

CLARKE

Project State

IA

Project Zip

50213-9537

CD

IA-03

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46000.00

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

Subchapter S Corporation

Originating Lender Location Id

25307

Originating Lender

FNNB Bank

Originating Lender City

NEWTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46268.44

Forgiveness Date

09/07/2021

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