PPP Loan information for Travelers motel

$23,300

Travelers motel was initially approved for PPP Loan of amount $5,700, the current approved amount is $23,300. The loan was approved on 04/14/2020 by The American Bank & Trust reported 4 jobs and $23,300 was used to fund payroll.

Travelers motel is New Business or 2 years or less

TRAVELERS MOTEL

Date Approved

04/14/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

TRAVELERS MOTEL

Borrower Address

39291 SD HIGHWAY 34

Borrower City

WESSINGTON SPRINGS

Borrower State

SD

Borrower Zip

57382-5810

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5700.00

Current Approval Amount

23300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WESSINGTON SPRINGS

Project County Name

JERAULD

Project State

SD

Project Zip

57382-5810

CD

SD-

Jobs Reported

4

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23300.00

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

Sole Proprietorship

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23445.10

Forgiveness Date

07/28/2021

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