Motor Lodge Associates of Madison

$663,900 PPP Loan in Madison, Wisconsin

Loan Details

Loan Number
7254817003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$663,900
Current Approval
$663,900
Forgiveness Amount
$669,502
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motor Lodge Associates of Madison
Address
525 West Johnson St
ZIP Code
53703-1916
Business Type
Limited Liability Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Doubletree by Hilton
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$37.8M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$497,925
Utilities
$82,988
Mortgage Interest
$82,988

Lender Information

Servicing Lender
Wings Financial Cu
Originating Lender
Settlers Bank

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