Budget Motel, Inc.

$410,700 PPP Loan in Burley, Idaho

Loan Details

Loan Number
6264407008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$410,700
Current Approval
$410,700
Forgiveness Amount
$413,929
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Budget Motel, Inc.
Address
800 N. Overland Ave.
City
Burley
State
Idaho
ZIP Code
83318-3442
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$23.8M
Rural/Urban
Rural
Congressional District
ID-02

Loan Use Breakdown

Payroll
$308,025
Rent
$51,338
Utilities
$51,338

Lender Information

Servicing Lender
D. L. Evans Bank
Originating Lender
D. L. Evans Bank

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