PPP Loan information for Grand marais hotel co.

$24,675

Grand marais hotel co. was initially approved for PPP Loan of amount $24,675, the current approved amount is $24,675. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 19 jobs and $24,675 was used to fund payroll.

Grand marais hotel co. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND MARAIS / Grand marais hotel co.

GRAND MARAIS HOTEL CO.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRAND MARAIS HOTEL CO.

Borrower Address

12 S Broadway

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24675.00

Current Approval Amount

24675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MARAIS

Project County Name

COOK

Project State

MN

Project Zip

55604-0001

CD

MN-08

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2467.00

Payroll Proceed

18507.00

Mortgage Interest Proceed

3701.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15779.79

Forgiveness Date

12/23/2020

;