PPP Loan information for Rim rock motel management inc

$308,760

Rim rock motel management inc was initially approved for PPP Loan of amount $308,760, the current approved amount is $308,760. The loan was approved on 02/20/2021 by The Cache Valley Bank reported 34 jobs and $308,760 was used to fund payroll.

Rim rock motel management inc is Existing or more than 2 years old

RIM ROCK MOTEL MANAGEMENT INC

Date Approved

02/20/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RIM ROCK MOTEL MANAGEMENT INC

Borrower Address

185 S 1470 E

Borrower City

St George

Borrower State

UT

Borrower Zip

84790-1744

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

308760.00

Current Approval Amount

308760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St George

Project County Name

WASHINGTON

Project State

UT

Project Zip

84790-1744

CD

UT-02

Jobs Reported

34

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

308755.00

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

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312396.51

Forgiveness Date

04/26/2022

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