PPP Loan information for Herm's inn llc

$220,330

Herm's inn llc was initially approved for PPP Loan of amount $220,330, the current approved amount is $220,330. The loan was approved on 01/20/2021 by The Cache Valley Bank reported 29 jobs and $220,330 was used to fund payroll.

Herm's inn llc is Existing or more than 2 years old

HERM'S INN LLC

Date Approved

01/20/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

HERM'S INN LLC

Borrower Address

1435 Canyon Rd

Borrower City

Logan

Borrower State

UT

Borrower Zip

84321-4330

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220330.00

Current Approval Amount

220330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Logan

Project County Name

CACHE

Project State

UT

Project Zip

84321-4330

CD

UT-01

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

220327.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222612.86

Forgiveness Date

02/10/2022

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