PPP Loan information for Econo lodge inn & suites

$14,214

Econo lodge inn & suites was initially approved for PPP Loan of amount $14,214, the current approved amount is $14,214. The loan was approved on 08/06/2020 by The Main Bank reported 6 jobs and $14,214 was used to fund payroll.

Econo lodge inn & suites is Existing or more than 2 years old

ECONO LODGE INN & SUITES

Date Approved

08/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ECONO LODGE INN & SUITES

Borrower Address

2295 HISTORIC ROUTE 66

Borrower City

SANTA ROSA

Borrower State

NM

Borrower Zip

88435-2750

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14213.67

Current Approval Amount

14213.67

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

45715

Servicing Lender Name

Main Bank

Servicing Lender Address

7300 Menaul Blvd NE

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87110-3730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA ROSA

Project County Name

GUADALUPE

Project State

NM

Project Zip

88435-2750

CD

NM-01

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14213.67

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

Sole Proprietorship

Originating Lender Location Id

45715

Originating Lender

Main Bank

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14270.92

Forgiveness Date

01/08/2021

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