Budget Motels, Inc.

$213,800 PPP Loan in Manassas, Virginia

Loan Details

Loan Number
5195647305
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$213,800
Current Approval
$213,800
Forgiveness Amount
$216,033
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Budget Motels, Inc.
Address
10605 Gaskins Way
ZIP Code
20109
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
VA-10

Loan Use Breakdown

Payroll
$213,800

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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