PPP Loan information for Grand hospitality llc

$503,944

Grand hospitality llc was initially approved for PPP Loan of amount $503,944, the current approved amount is $503,944. The loan was approved on 02/03/2021 by The Deerwood Bank reported 65 jobs and $503,944 was used to fund payroll.

Grand hospitality llc is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Grand hospitality llc

GRAND HOSPITALITY LLC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRAND HOSPITALITY LLC

Borrower Address

144 SE 17th St

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-4278

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503944.00

Current Approval Amount

503944.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

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

55744-4278

CD

MN-08

Jobs Reported

65

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

503939.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506883.67

Forgiveness Date

09/07/2021

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