PPP Loan information for Embassy hotel group, llc

$219,200

Embassy hotel group, llc was initially approved for PPP Loan of amount $207,200, the current approved amount is $219,200. The loan was approved on 04/03/2020 by The Lake Community Bank reported 33 jobs and $219,200 was used to fund payroll.

Embassy hotel group, llc is Existing or more than 2 years old

EMBASSY HOTEL GROUP, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EMBASSY HOTEL GROUP, LLC

Borrower Address

5200 Willson Rd Ste 163

Borrower City

Edina

Borrower State

MN

Borrower Zip

55424-1300

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207200.00

Current Approval Amount

219200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55424-1300

CD

MN-05

Jobs Reported

33

NAICS Code

531110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175360.00

Mortgage Interest Proceed

0.00

Rent Proceed

43840.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

210612.10

Forgiveness Date

12/09/2020

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