PPP Loan information for Travelodge

$78,000

Travelodge was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/06/2020 by The Iowa State Bank reported 15 jobs and $78,000 was used to fund payroll.

Travelodge is Existing or more than 2 years old

TRAVELODGE

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TRAVELODGE

Borrower Address

1450 NW 118TH ST

Borrower City

CLIVE

Borrower State

IA

Borrower Zip

50325-8243

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

24904

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

627 E Locust St

Servicing Lender City

DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50309-1913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIVE

Project County Name

POLK

Project State

IA

Project Zip

50325-8243

CD

IA-03

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78000.00

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

24904

Originating Lender

Iowa State Bank

Originating Lender City

DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68439.67

Forgiveness Date

12/09/2020

;