Date Approved
04/30/2020
SBA Office Code
0736
Processing Method
PPP
Borrower Name
MIDTOWN MOTEL LLC
Borrower Address
2731 MOUNT PLEASANT ST
Borrower City
BURLINGTON
Borrower State
IA
Borrower Zip
52601-2137
Loan Status Date
03/08/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
8073.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
111946
Servicing Lender Name
State Bank of Texas
Servicing Lender Address
11950 Webb Chapel Rd
Servicing Lender City
DALLAS
Servicing Lender State
TX
Servicing Lender Zip
75234-7724
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DES MOINES
Project State
Project Zip
CD
IA-01
Jobs Reported
1
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1614.00
Payroll Proceed
6459.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
7634.17
Forgiveness Date
02/14/2022