PPP Loan information for Lanes motel

$20,800

Lanes motel was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/07/2020 by The Springs Valley Bank & Trust Company reported 11 jobs and $20,800 was used to fund payroll.

Lanes motel is Existing or more than 2 years old

PPP Loan Search / IN / FRENCH LICK / Lanes motel

LANES MOTEL

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LANES MOTEL

Borrower Address

8483 W St Rd 56

Borrower City

FRENCH LICK

Borrower State

IN

Borrower Zip

47432-9999

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23165

Servicing Lender Name

Springs Valley Bank & Trust Company

Servicing Lender Address

8482 W State Road 56

Servicing Lender City

FRENCH LICK

Servicing Lender State

IN

Servicing Lender Zip

47432-9619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRENCH LICK

Project County Name

ORANGE

Project State

IN

Project Zip

47432-9999

CD

IN-08

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

23165

Originating Lender

Springs Valley Bank & Trust Company

Originating Lender City

FRENCH LICK

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20998.88

Forgiveness Date

03/30/2021

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