Motor Inn, Inc.

$149,000 PPP Loan in Estherville, Iowa

Loan Details

Loan Number
6154057009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$149,000
Current Approval
$149,000
Forgiveness Amount
$150,216
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor Inn, Inc.
Address
114 South 6th St
State
Iowa
ZIP Code
51334-2326
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$149,000

Lender Information

Servicing Lender
Northstar Bank
Originating Lender
Northstar Bank

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