PPP Loan information for Econo lodge

$51,900

Econo lodge was initially approved for PPP Loan of amount $51,900, the current approved amount is $51,900. The loan was approved on 04/14/2020 by The Stockman Bank of Montana reported 12 jobs and $51,900 was used to fund payroll.

Econo lodge is Existing or more than 2 years old

ECONO LODGE

Date Approved

04/14/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

ECONO LODGE

Borrower Address

111 ROGERS LN

Borrower City

LIVINGSTON

Borrower State

MT

Borrower Zip

59047-4020

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51900.00

Current Approval Amount

51900.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

41971

Servicing Lender Name

Stockman Bank of Montana

Servicing Lender Address

700 Main St

Servicing Lender City

MILES CITY

Servicing Lender State

MT

Servicing Lender Zip

59301-3122

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVINGSTON

Project County Name

PARK

Project State

MT

Project Zip

59047-4020

CD

MT-02

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51900.00

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

Partnership

Originating Lender Location Id

41971

Originating Lender

Stockman Bank of Montana

Originating Lender City

MILES CITY

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52372.08

Forgiveness Date

03/23/2021

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