PPP Loan information for Red roof inn

$24,025

Red roof inn was initially approved for PPP Loan of amount $24,025, the current approved amount is $24,025. The loan was approved on 02/25/2021 by The Loan Source Incorporated reported 5 jobs and $24,025 was used to fund payroll.

Red roof inn is Existing or more than 2 years old

PPP Loan Search / IN / GRANGER / Red roof inn

RED ROOF INN

Date Approved

02/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

RED ROOF INN

Borrower Address

1325 E UNIVERSITY DR

Borrower City

GRANGER

Borrower State

IN

Borrower Zip

46530

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24025.00

Current Approval Amount

24025.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANGER

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46530

CD

IN-02

Jobs Reported

5

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24019.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24175.73

Forgiveness Date

10/20/2021

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