PPP Loan information for Gangelhoff properties, inc

$74,417

Gangelhoff properties, inc was initially approved for PPP Loan of amount $74,417, the current approved amount is $74,417. The loan was approved on 04/07/2020 by The RiverWood Bank reported 22 jobs and $74,417 was used to fund payroll.

Gangelhoff properties, inc is Existing or more than 2 years old

PPP Loan Search / MN / LITTLE FALLS / Gangelhoff properties, inc

GANGELHOFF PROPERTIES, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GANGELHOFF PROPERTIES, INC

Borrower Address

209 16TH ST NE

Borrower City

LITTLE FALLS

Borrower State

MN

Borrower Zip

56345-3389

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74417.00

Current Approval Amount

74417.00

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE FALLS

Project County Name

MORRISON

Project State

MN

Project Zip

56345-3389

CD

MN-07

Jobs Reported

22

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4019.00

Payroll Proceed

51422.00

Mortgage Interest Proceed

18976.00

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

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75051.61

Forgiveness Date

02/19/2021

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