AMARA HOTEL MOLINE (IA) - 2020 PPP Loan Borrower Profile (# 6704757002)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMARA HOTEL MOLINE. 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
6704757002
SBA Office Code
0736
Processing Method
PPP
Curent Loan Amount
$34,002
Date Loan was Approved
Apr 7, 2020
Amount Forgiven
$34,256.07
Date Loan was Forgiven
Jan 8, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
3,400
Payroll Proced
27,202
Mortgage Interest Proceed
3,400
Lender
MidWestOne Bank
Business Detail
Business Type
Corporation
NAICS
721110
Borrower Location
DAVENPORT, IA
Project Location
DAVENPORT, IA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
12
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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