PPP Loan information for Arrowhead motel inc

$28,130

Arrowhead motel inc was initially approved for PPP Loan of amount $28,130, the current approved amount is $28,130. The loan was approved on 04/01/2021 by The Farmers & Merchants Bank & Trust reported 7 jobs and $28,130 was used to fund payroll.

Arrowhead motel inc is Existing or more than 2 years old

ARROWHEAD MOTEL INC

Date Approved

04/01/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

ARROWHEAD MOTEL INC

Borrower Address

2520 Mount Pleasant St

Borrower City

Burlington

Borrower State

IA

Borrower Zip

52601-2118

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28129.50

Current Approval Amount

28129.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-2118

CD

IA-01

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28128.50

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

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28296.71

Forgiveness Date

11/10/2021

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