PPP Loan information for Royal motels inc.

$111,359

Royal motels inc. was initially approved for PPP Loan of amount $111,359, the current approved amount is $111,359. The loan was approved on 01/23/2021 by The NebraskaLand Bank reported 17 jobs and $111,359 was used to fund payroll.

Royal motels inc. is Existing or more than 2 years old

PPP Loan Search / NE / Lincoln / Royal motels inc.

ROYAL MOTELS INC.

Date Approved

01/23/2021

SBA Office Code

0766

Processing Method

PPS

Borrower Name

ROYAL MOTELS INC.

Borrower Address

1000 O St Ste 102

Borrower City

Lincoln

Borrower State

NE

Borrower Zip

68508-3637

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111359.00

Current Approval Amount

111359.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

122813

Servicing Lender Name

NebraskaLand Bank

Servicing Lender Address

1400 S Dewey St

Servicing Lender City

NORTH PLATTE

Servicing Lender State

NE

Servicing Lender Zip

69101-7605

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

LANCASTER

Project State

NE

Project Zip

68508-3637

CD

NE-01

Jobs Reported

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111358.00

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

Corporation

Originating Lender Location Id

122813

Originating Lender

NebraskaLand Bank

Originating Lender City

NORTH PLATTE

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112554.97

Forgiveness Date

03/02/2022

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