PPP Loan information for Bk hospitality group

$122,000

Bk hospitality group was initially approved for PPP Loan of amount $122,000, the current approved amount is $122,000. The loan was approved on 01/31/2021 by The MidWestOne Bank reported 20 jobs and $122,000 was used to fund payroll.

Bk hospitality group is Existing or more than 2 years old

BK HOSPITALITY GROUP

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BK HOSPITALITY GROUP

Borrower Address

21 Main St S # 200

Borrower City

Saint Michael

Borrower State

MN

Borrower Zip

55376-4579

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122000.00

Current Approval Amount

122000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Michael

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-4579

CD

MN-06

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122809.94

Forgiveness Date

10/06/2021

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