PPP Loan information for Brainerd international raceway and resort, llc

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRAINERD INTERNATIONAL RACEWAY AND RESORT, LLC

Borrower Address

5523 Birchdale Road

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166600.00

Current Approval Amount

166600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-0001

CD

MN-08

Jobs Reported

78

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8800.00

Payroll Proceed

150400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7400.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168071.63

Forgiveness Date

03/09/2021