PPP Loan information for Dutch room

$120,200

Dutch room was initially approved for PPP Loan of amount $120,200, the current approved amount is $120,200. The loan was approved on 04/08/2020 by The Woodland Bank reported 24 jobs and $120,200 was used to fund payroll.

Dutch room is Existing or more than 2 years old

DUTCH ROOM

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DUTCH ROOM

Borrower Address

702 NW 4TH ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2351

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120200.00

Current Approval Amount

120200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2351

CD

MN-08

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120200.00

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

Subchapter S Corporation

Originating Lender Location Id

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121108.18

Forgiveness Date

01/07/2021

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