PPP Loan information for Budget motel, inc.

$410,700

Budget motel, inc. was initially approved for PPP Loan of amount $410,700, the current approved amount is $410,700. The loan was approved on 04/06/2020 by The D. L. Evans Bank reported 76 jobs and $410,700 was used to fund payroll.

Budget motel, inc. is Existing or more than 2 years old

PPP Loan Search / ID / BURLEY / Budget motel, inc.

BUDGET MOTEL, INC.

Date Approved

04/06/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

BUDGET MOTEL, INC.

Borrower Address

800 N. Overland Ave.

Borrower City

BURLEY

Borrower State

ID

Borrower Zip

83318-3442

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410700.00

Current Approval Amount

410700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLEY

Project County Name

CASSIA

Project State

ID

Project Zip

83318-3442

CD

ID-02

Jobs Reported

76

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51337.50

Payroll Proceed

308025.00

Mortgage Interest Proceed

0.00

Rent Proceed

51337.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

413929.34

Forgiveness Date

01/26/2021

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