BUDGET MOTEL, INC. (ID) - 2020 PPP Loan Borrower Profile (# 6264407008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BUDGET MOTEL, INC.. 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 Idaho.

Loan Detail

Loan Number

6264407008

SBA Office Code

1087

Processing Method

PPP

Curent Loan Amount

$410,700

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$413,929.34

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

51,337.5

Payroll Proced

308,025

Rent Proceed

51,337.5

Lender

D. L. Evans Bank

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

BURLEY, ID

Project Location

BURLEY, ID

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.