PPP Loan information for 550 lodging inc

$26,333

550 lodging inc was initially approved for PPP Loan of amount $26,333, the current approved amount is $26,333. The loan was approved on 02/13/2021 by The The Citizens Bank reported 12 jobs and $26,333 was used to fund payroll.

550 lodging inc is Existing or more than 2 years old

550 LODGING INC

Date Approved

02/13/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

550 LODGING INC

Borrower Address

525 W Broadway Ave

Borrower City

Bloomfield

Borrower State

NM

Borrower Zip

87413-5702

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26332.53

Current Approval Amount

26332.53

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield

Project County Name

SAN JUAN

Project State

NM

Project Zip

87413-5702

CD

NM-03

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26328.53

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

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26601.63

Forgiveness Date

02/25/2022

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