PPP borrower record

MOTOR INN COMPANY PPP loan record

Public SBA PPP loan record for MOTOR INN COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$281,700
Approved amount
$283,722
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
MOTOR INN COMPANY
Loan number
1725077104
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Albert Lea
Borrower state
Minnesota
Borrower ZIP
56007
Jobs reported
37
Loan status
Paid in Full
Forgiveness date
2021-01-08
Servicing lender
BMO Harris Bank National Association
Originating lender
BMO Harris Bank National Association

Reported use of proceeds

Payroll
$281,700
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.