PPP Loan information for Motor inn of carroll llc

$251,400

Motor inn of carroll llc was initially approved for PPP Loan of amount $251,400, the current approved amount is $251,400. The loan was approved on 04/08/2020 by The Commercial Savings Bank reported 24 jobs and $251,400 was used to fund payroll.

Motor inn of carroll llc is Existing or more than 2 years old

PPP Loan Search / IA / CARROLL / Motor inn of carroll llc

MOTOR INN OF CARROLL LLC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MOTOR INN OF CARROLL LLC

Borrower Address

1526 LE CLARK RD

Borrower City

CARROLL

Borrower State

IA

Borrower Zip

51401-3319

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251400.00

Current Approval Amount

251400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24655

Servicing Lender Name

Commercial Savings Bank

Servicing Lender Address

325 W Hwy 30

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2207

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLL

Project County Name

CARROLL

Project State

IA

Project Zip

51401-3319

CD

IA-04

Jobs Reported

24

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

251400.00

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

24655

Originating Lender

Commercial Savings Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253500.74

Forgiveness Date

02/17/2021

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