Motel Limited INC

$302,400 PPP Loan in Concordville, Pennsylvania

Loan Details

Loan Number
4607057003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$302,400
Current Approval
$286,900
Forgiveness Amount
$290,422
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motel Limited INC
Address
56 Baltimore Pike
ZIP Code
19331-0607
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
43
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$286,900

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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