Madras Chateau Inn

$62,450 PPP Loan in Madras, Oregon

Loan Details

Loan Number
1076018506
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$62,450
Current Approval
$62,450
Forgiveness Amount
$62,921
Forgiveness Date
Nov 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Madras Chateau Inn
Address
651 N Highway 26
City
Madras
State
Oregon
ZIP Code
97741-9425
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Econo Lodge by Choice Hotels/econo Lodge Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OR-02

Loan Use Breakdown

Payroll
$62,448
Utilities
$1

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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