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Wise Motels, Inc.

$257,600 PPP Loan in Atlantic, Iowa

Loan Details

Loan Number
4809627006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$257,600
Current Approval
$257,600
Forgiveness Amount
$259,654
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wise Motels, Inc.
Address
1902 E 7th St
City
Atlantic
State
Iowa
ZIP Code
50022-1915
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$17.5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$257,600

Lender Information

Servicing Lender
Arbor Bank
Originating Lender
Arbor Bank

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