Cross Road Hotels INC

$35,000 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
7367187207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$35,000
Current Approval
$35,000
Forgiveness Amount
$35,301
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cross Road Hotels INC
Address
1945 La Porte Rd
State
Iowa
ZIP Code
50702-2741
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Baymont by Wyndham Aka Baymont Inn & Suites
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$31,000
Utilities
$2,000
Mortgage Interest
$2,000

Lender Information

Servicing Lender
Grinnell State Bank
Originating Lender
Grinnell State Bank

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