PPP borrower record
MOTOR INN OF ALGONA, INC. PPP loan record
Public SBA PPP loan record for MOTOR INN OF ALGONA, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$141,500
Approved amount
$142,687
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
MOTOR INN OF ALGONA, INC.
Loan number
9199637003
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Algona
Borrower state
Iowa
Borrower ZIP
50511
Jobs reported
13
Loan status
Paid in Full
Forgiveness date
2021-02-16
Servicing lender
Northwest Bank
Originating lender
Northwest Bank
Reported use of proceeds
Payroll
$106,125
Rent
$17,600
Utilities
$3,788
Mortgage interest
N/A
Health care
$13,987
Debt interest
N/A
Location pages
Related directories
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.