PPP Loan information for Comfort inn & suites

$174,500

Comfort inn & suites was initially approved for PPP Loan of amount $67,200, the current approved amount is $174,500. The loan was approved on 04/10/2020 by The Dacotah Bank reported 27 jobs and $174,500 was used to fund payroll.

Comfort inn & suites is Existing or more than 2 years old

COMFORT INN & SUITES

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

COMFORT INN & SUITES

Borrower Address

12454 OLD HILL CITY RD

Borrower City

HILL CITY

Borrower State

SD

Borrower Zip

57745-6610

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67200.00

Current Approval Amount

174500.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILL CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57745-6610

CD

SD-

Jobs Reported

27

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17431.12

Payroll Proceed

130890.73

Mortgage Interest Proceed

26178.15

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175891.15

Forgiveness Date

02/02/2021

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