PPP Loan information for Budget inn inc

$40,474

Budget inn inc was initially approved for PPP Loan of amount $40,474, the current approved amount is $40,474. The loan was approved on 04/15/2020 by The First Texoma National Bank reported 14 jobs and $40,474 was used to fund payroll.

Budget inn inc is Existing or more than 2 years old

BUDGET INN INC

Date Approved

04/15/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

BUDGET INN INC

Borrower Address

2301 W MAIN ST

Borrower City

DURANT

Borrower State

OK

Borrower Zip

74701-4812

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40473.82

Current Approval Amount

40473.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58912

Servicing Lender Name

First Texoma National Bank

Servicing Lender Address

220 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-5023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

BRYAN

Project State

OK

Project Zip

74701-4812

CD

OK-02

Jobs Reported

14

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40473.82

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

58912

Originating Lender

First Texoma National Bank

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40694.18

Forgiveness Date

11/02/2020

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