PPP Loan information for Prayosha motel inc

$51,052

Prayosha motel inc was initially approved for PPP Loan of amount $51,052, the current approved amount is $51,052. The loan was approved on 01/19/2021 by The Security State Bank reported 12 jobs and $51,052 was used to fund payroll.

Prayosha motel inc is Existing or more than 2 years old

PPP Loan Search / IA / Ames / Prayosha motel inc

PRAYOSHA MOTEL INC

Date Approved

01/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

PRAYOSHA MOTEL INC

Borrower Address

2600 SE 16th St

Borrower City

Ames

Borrower State

IA

Borrower Zip

50010-6495

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51051.66

Current Approval Amount

51051.66

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ames

Project County Name

STORY

Project State

IA

Project Zip

50010-6495

CD

IA-04

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51049.66

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

Non-Veteran

Non Profit

Forgiveness Amount

33837.88

Forgiveness Date

06/15/2021

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