Date Approved
02/12/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
DELANO HOTEL PARTNERS LLC
Borrower Address
395 13th St S
Borrower City
Delano
Borrower State
MN
Borrower Zip
55328-9404
Loan Status Date
12/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
81242.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
GrandStay Hotel & Suites
Servicing Lender Location Id
36731
Servicing Lender Name
Citizens Alliance Bank
Servicing Lender Address
55 1st St NW
Servicing Lender City
CLARA CITY
Servicing Lender State
Servicing Lender Zip
56222-1271
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
16
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
81240.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
81831.84
Forgiveness Date
11/09/2021