PPP Loan information for The adobe motel inc

$505,160

The adobe motel inc was initially approved for PPP Loan of amount $505,160, the current approved amount is $505,160. The loan was approved on 01/26/2021 by The Banner Bank reported 70 jobs and $505,160 was used to fund payroll.

The adobe motel inc is Existing or more than 2 years old

THE ADOBE MOTEL INC

Date Approved

01/26/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

THE ADOBE MOTEL INC

Borrower Address

1555 Highway 101 N

Borrower City

Yachats

Borrower State

OR

Borrower Zip

97498-9478

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

505160.00

Current Approval Amount

505160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yachats

Project County Name

LINCOLN

Project State

OR

Project Zip

97498-9478

CD

OR-04

Jobs Reported

70

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

505158.00

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

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

509173.60

Forgiveness Date

11/16/2021

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