PPP Loan information for Champlin palace inn inc.

$233,000

Champlin palace inn inc. was initially approved for PPP Loan of amount $233,000, the current approved amount is $233,000. The loan was approved on 01/25/2021 by The Falcon National Bank reported 20 jobs and $233,000 was used to fund payroll.

Champlin palace inn inc. is Existing or more than 2 years old

PPP Loan Search / MN / Champlin / Champlin palace inn inc.

CHAMPLIN PALACE INN INC.

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CHAMPLIN PALACE INN INC.

Borrower Address

11186 Commerce Dr N

Borrower City

Champlin

Borrower State

MN

Borrower Zip

55316-3111

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

233000.00

Current Approval Amount

233000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Champlin

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-3111

CD

MN-03

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

232996.00

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

Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234385.23

Forgiveness Date

09/01/2021

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