PPP Loan information for Pramukh motel inc

$30,732

Pramukh motel inc was initially approved for PPP Loan of amount $30,732, the current approved amount is $30,732. The loan was approved on 01/25/2021 by The Security State Bank reported 6 jobs and $30,732 was used to fund payroll.

Pramukh motel inc is Existing or more than 2 years old

PRAMUKH MOTEL INC

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PRAMUKH MOTEL INC

Borrower Address

1901 S Broadway St

Borrower City

New Ulm

Borrower State

MN

Borrower Zip

56073-3747

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30732.31

Current Approval Amount

30732.31

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

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

New Ulm

Project County Name

BROWN

Project State

MN

Project Zip

56073-3747

CD

MN-01

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30727.31

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

30916.70

Forgiveness Date

09/01/2021

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