PPP Loan information for Mj hospitality management inc

$69,800

Mj hospitality management inc was initially approved for PPP Loan of amount $69,800, the current approved amount is $69,800. The loan was approved on 01/28/2021 by The First Central State Bank reported 8 jobs and $69,800 was used to fund payroll.

Mj hospitality management inc is Existing or more than 2 years old

MJ HOSPITALITY MANAGEMENT INC

Date Approved

01/28/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MJ HOSPITALITY MANAGEMENT INC

Borrower Address

6605 N Brady St

Borrower City

Davenport

Borrower State

IA

Borrower Zip

52806-2002

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69800.00

Current Approval Amount

69800.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davenport

Project County Name

SCOTT

Project State

IA

Project Zip

52806-2002

CD

IA-01

Jobs Reported

8

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

69797.00

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

Subchapter S Corporation

Originating Lender Location Id

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70444.45

Forgiveness Date

01/06/2022

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