PPP Loan information for St. cloud downtown hotel, llc

$249,500

St. cloud downtown hotel, llc was initially approved for PPP Loan of amount $307,100, the current approved amount is $249,500. The loan was approved on 04/09/2020 by The Minnwest Bank reported 51 jobs and $249,500 was used to fund payroll.

St. cloud downtown hotel, llc is New Business or 2 years or less

PPP Loan Search / SD / ABERDEEN / St. cloud downtown hotel, llc

ST. CLOUD DOWNTOWN HOTEL, LLC

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ST. CLOUD DOWNTOWN HOTEL, LLC

Borrower Address

205 6TH AVE SE suite 300

Borrower City

ABERDEEN

Borrower State

SD

Borrower Zip

57401-2850

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307100.00

Current Approval Amount

249500.00

Undisbursed Amount

0.00

Franchise Name

Marriott/JW Marriott

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ABERDEEN

Project County Name

BROWN

Project State

SD

Project Zip

57401-2850

CD

SD-

Jobs Reported

51

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249500.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251290.93

Forgiveness Date

01/08/2021

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