PPP Loan information for Foster hospitality inc

$86,200

Foster hospitality inc was initially approved for PPP Loan of amount $86,200, the current approved amount is $86,200. The loan was approved on 04/04/2020 by The American Bank & Trust reported 9 jobs and $86,200 was used to fund payroll.

Foster hospitality inc is Existing or more than 2 years old

FOSTER HOSPITALITY INC

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FOSTER HOSPITALITY INC

Borrower Address

700 west SIOUX AVE

Borrower City

PIERRE

Borrower State

SD

Borrower Zip

57501-1857

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86200.00

Current Approval Amount

86200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERRE

Project County Name

HUGHES

Project State

SD

Project Zip

57501-1857

CD

SD-

Jobs Reported

9

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6200.00

Payroll Proceed

80000.00

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

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86853.68

Forgiveness Date

01/08/2021

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