PPP Loan information for Chin fong inn, inc. dba: best western plus chelsea hotel

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CHIN FONG INN, INC. DBA: BEST WESTERN PLUS CHELSEA HOTEL

Borrower Address

89 Chelsea Rd

Borrower City

Monticello

Borrower State

MN

Borrower Zip

55362-8912

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101500.00

Current Approval Amount

101500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-8912

CD

MN-06

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

101494.00

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

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102190.76

Forgiveness Date

09/29/2021