PPP Loan information for North liberty hotels llc

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

NORTH LIBERTY HOTELS LLC

Borrower Address

485 Madison Ave N

Borrower City

NORTH LIBERTY

Borrower State

IA

Borrower Zip

52317-7818

Loan Status Date

06/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41122.00

Current Approval Amount

41122.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH LIBERTY

Project County Name

JOHNSON

Project State

IA

Project Zip

52317-7818

CD

IA-01

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1122.00

Payroll Proceed

36000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42009.55

Forgiveness Date

06/08/2022