PPP Loan information for Basera hospitality, inc

$141,200

Basera hospitality, inc was initially approved for PPP Loan of amount $131,200, the current approved amount is $141,200. The loan was approved on 04/07/2020 by The Sentry Bank reported 25 jobs and $141,200 was used to fund payroll.

Basera hospitality, inc is Existing or more than 2 years old

BASERA HOSPITALITY, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BASERA HOSPITALITY, INC

Borrower Address

8350 East Point Douglas Road South

Borrower City

COTTAGE GROVE

Borrower State

MN

Borrower Zip

55016-3324

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131200.00

Current Approval Amount

141200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55016-3324

CD

MN-02

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13120.00

Payroll Proceed

108400.00

Mortgage Interest Proceed

19680.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142290.38

Forgiveness Date

01/20/2021

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