PPP Loan information for Lakeville hotel group

$261,500

Lakeville hotel group was initially approved for PPP Loan of amount $261,500, the current approved amount is $261,500. The loan was approved on 04/04/2020 by The Citizens Alliance Bank reported 37 jobs and $261,500 was used to fund payroll.

Lakeville hotel group is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Lakeville hotel group

LAKEVILLE HOTEL GROUP

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKEVILLE HOTEL GROUP

Borrower Address

20800 Kenrick Ave S

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-8201

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261500.00

Current Approval Amount

261500.00

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

37

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243430.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18070.00

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

263434.38

Forgiveness Date

01/11/2021

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