PPP Loan information for Akshar motel inc

$43,963

Akshar motel inc was initially approved for PPP Loan of amount $43,963, the current approved amount is $43,963. The loan was approved on 01/25/2021 by The Security State Bank reported 6 jobs and $43,963 was used to fund payroll.

Akshar motel inc is Existing or more than 2 years old

AKSHAR MOTEL INC

Date Approved

01/25/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

AKSHAR MOTEL INC

Borrower Address

1832 State Highway 9

Borrower City

Decorah

Borrower State

IA

Borrower Zip

52101-7301

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43963.36

Current Approval Amount

43963.36

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

24641

Servicing Lender Name

Security State Bank

Servicing Lender Address

1 East State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2641

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decorah

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52101-7301

CD

IA-02

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

43960.36

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

Corporation

Originating Lender Location Id

24641

Originating Lender

Security State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44227.14

Forgiveness Date

09/01/2021

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