PPP Loan information for Lakeville hotel group

$372,484

Lakeville hotel group was initially approved for PPP Loan of amount $372,484, the current approved amount is $372,484. The loan was approved on 01/20/2021 by The Citizens Alliance Bank reported 35 jobs and $372,484 was used to fund payroll.

Lakeville hotel group is Existing or more than 2 years old

LAKEVILLE HOTEL GROUP

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKEVILLE HOTEL GROUP

Borrower Address

20800 Kenrick Ave

Borrower City

Lakeville

Borrower State

MN

Borrower Zip

55044-8201

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372484.00

Current Approval Amount

372484.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lakeville

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-8201

CD

MN-02

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

372479.00

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

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

375749.61

Forgiveness Date

12/14/2021

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