Cantilever Hotels, L.l.c.

$182,100 PPP Loan in Coralville, Iowa

Loan Details

Loan Number
4390837304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$182,100
Current Approval
$182,100
Forgiveness Amount
$183,205
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cantilever Hotels, L.l.c.
Address
921 East 2nd Ave
State
Iowa
ZIP Code
52241-2205
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Homewood Suites by Hilton
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$136,575
Utilities
$9,105
Mortgage Interest
$36,420

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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