PPP Loan information for Am hotels inc

$48,531

Am hotels inc was initially approved for PPP Loan of amount $48,531, the current approved amount is $48,531. The loan was approved on 01/20/2021 by The Premier Bank reported 7 jobs and $48,531 was used to fund payroll.

Am hotels inc is Existing or more than 2 years old

AM HOTELS INC

Date Approved

01/20/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

AM HOTELS INC

Borrower Address

4025 McDonald Dr

Borrower City

Dubuque

Borrower State

IA

Borrower Zip

52003-5249

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48531.00

Current Approval Amount

48531.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

123109

Servicing Lender Name

Premier Bank

Servicing Lender Address

2625 NW Arterial

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52002-0502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dubuque

Project County Name

DUBUQUE

Project State

IA

Project Zip

52003-5249

CD

IA-02

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48526.00

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

Corporation

Originating Lender Location Id

123109

Originating Lender

Premier Bank

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48766.91

Forgiveness Date

07/26/2021

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