PPP Loan information for Sj motel corporation

$42,763

Sj motel corporation was initially approved for PPP Loan of amount $42,763, the current approved amount is $42,763. The loan was approved on 02/05/2021 by The Security State Bank reported 15 jobs and $42,763 was used to fund payroll.

Sj motel corporation is Existing or more than 2 years old

SJ MOTEL CORPORATION

Date Approved

02/05/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SJ MOTEL CORPORATION

Borrower Address

825 S Linn Ave

Borrower City

New Hampton

Borrower State

IA

Borrower Zip

50659-9300

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42762.61

Current Approval Amount

42762.61

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

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 Hampton

Project County Name

CHICKASAW

Project State

IA

Project Zip

50659-9300

CD

IA-02

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42758.61

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

42966.92

Forgiveness Date

07/28/2021

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