PPP Loan information for Richfield lodging group llc

$312,700

Richfield lodging group llc was initially approved for PPP Loan of amount $312,700, the current approved amount is $312,700. The loan was approved on 02/13/2021 by The CorTrust Bank National Association reported 12 jobs and $312,700 was used to fund payroll.

Richfield lodging group llc is Existing or more than 2 years old

RICHFIELD LODGING GROUP LLC

Date Approved

02/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RICHFIELD LODGING GROUP LLC

Borrower Address

7745 Lyndale Ave S

Borrower City

Richfield

Borrower State

MN

Borrower Zip

55423-4031

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312700.00

Current Approval Amount

312700.00

Undisbursed Amount

0.00

Franchise Name

Four Points by Sheraton

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richfield

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-4031

CD

MN-05

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

312700.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314567.63

Forgiveness Date

09/27/2021

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