AMANA MOTEL LLC (IA) - 2020 PPP Loan Borrower Profile (# 5802457005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMANA MOTEL LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

5802457005

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$16,600

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$16,732.34

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,037.5

Payroll Proced

12,450

Mortgage Interest Proceed

1,037.5

Rent Proceed

1,037.5

Debt Interest Proceed

1,037.5

Lender

MidWestOne Bank

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

AMANA, IA

Project Location

AMANA, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.