PPP Loan information for Paces lodging corporation

$1,303,600

Paces lodging corporation was initially approved for PPP Loan of amount $1,303,600, the current approved amount is $1,303,600. The loan was approved on 04/03/2020 by The First International Bank & Trust reported 163 jobs and $1,303,600 was used to fund payroll.

Paces lodging corporation is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Paces lodging corporation

PACES LODGING CORPORATION

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

PACES LODGING CORPORATION

Borrower Address

4265 45TH ST S STE 200

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104-4308

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1303600.00

Current Approval Amount

1303600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-4308

CD

ND-

Jobs Reported

163

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40400.00

Payroll Proceed

1111500.00

Mortgage Interest Proceed

32000.00

Rent Proceed

119700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1314970.29

Forgiveness Date

02/19/2021

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