Motel Limited Inc.

$368,500 PPP Loan in Concordville, Pennsylvania

Loan Details

Loan Number
2047508310
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$368,500
Current Approval
$368,500
Forgiveness Amount
$371,213
Forgiveness Date
Oct 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motel Limited Inc.
Address
56 Baltimore Pike
ZIP Code
19331
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Best Western - Membership Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$368,498
Utilities
$1

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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