Econo Lodge Spencer

$17,500 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
4604287007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$17,500
Current Approval
$17,500
Forgiveness Amount
$17,600
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Econo Lodge Spencer
Address
102 11th St Sw, Plaza Dr
State
Iowa
ZIP Code
51301-5802
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$14,000
Rent
$1,500
Utilities
$2,000

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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