PPP Loan information for Herm's inn llc

$157,200

Herm's inn llc was initially approved for PPP Loan of amount $157,200, the current approved amount is $157,200. The loan was approved on 04/06/2020 by The Cache Valley Bank reported 31 jobs and $157,200 was used to fund payroll.

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

HERM'S INN LLC

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

HERM'S INN LLC

Borrower Address

1435 CANYON RD

Borrower City

LOGAN

Borrower State

UT

Borrower Zip

84321-4330

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157200.00

Current Approval Amount

157200.00

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

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

143700.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

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

148197.69

Forgiveness Date

12/16/2020

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