PPP Loan information for Modern hotel inc.

$359,659

Modern hotel inc. was initially approved for PPP Loan of amount $359,659, the current approved amount is $359,659. The loan was approved on 01/19/2021 by The Idaho First Bank reported 40 jobs and $359,659 was used to fund payroll.

Modern hotel inc. is Existing or more than 2 years old

PPP Loan Search / ID / Boise / Modern hotel inc.

MODERN HOTEL INC.

Date Approved

01/19/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

MODERN HOTEL INC.

Borrower Address

1314 W Grove St

Borrower City

Boise

Borrower State

ID

Borrower Zip

83702-6942

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

359658.60

Current Approval Amount

359658.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436276

Servicing Lender Name

Idaho First Bank

Servicing Lender Address

475 E Deinhard Ln

Servicing Lender City

MCCALL

Servicing Lender State

ID

Servicing Lender Zip

83638-4800

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Boise

Project County Name

ADA

Project State

ID

Project Zip

83702-6942

CD

ID-02

Jobs Reported

40

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

359653.60

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

436276

Originating Lender

Idaho First Bank

Originating Lender City

MCCALL

Originating Lender State

ID

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

362594.99

Forgiveness Date

11/16/2021

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