PPP Loan information for Midwest motels of mitchell

$115,748

Midwest motels of mitchell was initially approved for PPP Loan of amount $115,748, the current approved amount is $115,748. The loan was approved on 01/20/2021 by The First Dakota National Bank reported 17 jobs and $115,748 was used to fund payroll.

Midwest motels of mitchell is Existing or more than 2 years old

MIDWEST MOTELS OF MITCHELL

Date Approved

01/20/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

MIDWEST MOTELS OF MITCHELL

Borrower Address

1506 S Burr St

Borrower City

Mitchell

Borrower State

SD

Borrower Zip

57301-4500

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115748.00

Current Approval Amount

115748.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mitchell

Project County Name

DAVISON

Project State

SD

Project Zip

57301-4500

CD

SD-

Jobs Reported

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

115746.00

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

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116236.36

Forgiveness Date

06/29/2021

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