PPP Loan information for Med city lodging group, llc

$110,000

Med city lodging group, llc was initially approved for PPP Loan of amount $101,400, the current approved amount is $110,000. The loan was approved on 04/07/2020 by The Royal CU reported 8 jobs and $110,000 was used to fund payroll.

Med city lodging group, llc is Existing or more than 2 years old

MED CITY LODGING GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MED CITY LODGING GROUP, LLC

Borrower Address

4141 MAINE AVE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-6934

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101400.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108364

Servicing Lender Name

Royal CU

Servicing Lender Address

200 Riverfront Terrace

Servicing Lender City

EAU CLAIRE

Servicing Lender State

WI

Servicing Lender Zip

54703-6312

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-6934

CD

MN-01

Jobs Reported

8

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110000.00

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

108364

Originating Lender

Royal CU

Originating Lender City

EAU CLAIRE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111316.94

Forgiveness Date

06/22/2021

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