PPP Loan information for Lake elmo inn inc

$926,345

Lake elmo inn inc was initially approved for PPP Loan of amount $926,345, the current approved amount is $926,345. The loan was approved on 02/19/2021 by The First State Bank and Trust reported 66 jobs and $926,345 was used to fund payroll.

Lake elmo inn inc is Existing or more than 2 years old

PPP Loan Search / MN / Lake Elmo / Lake elmo inn inc

LAKE ELMO INN INC

Date Approved

02/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKE ELMO INN INC

Borrower Address

3442 Lake Elmo Ave N

Borrower City

Lake Elmo

Borrower State

MN

Borrower Zip

55042-9715

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

926345.00

Current Approval Amount

926345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Elmo

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-9715

CD

MN-04

Jobs Reported

66

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

926343.00

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

Corporation

Originating Lender Location Id

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

931954.53

Forgiveness Date

10/06/2021

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