Date Approved
04/09/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
PRAYOSHA MOTEL INC
Borrower Address
2600 SE 16th St
Borrower City
AMES
Borrower State
IA
Borrower Zip
50010-6464
Loan Status Date
06/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
36465.47
Current Approval Amount
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
Servicing Lender Zip
50511-2641
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STORY
Project State
Project Zip
CD
IA-04
Jobs Reported
12
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
36777.45
Forgiveness Date
02/22/2021