PPP Loan information for St. cloud downtown hotel llc

$348,919

St. cloud downtown hotel llc was initially approved for PPP Loan of amount $348,919, the current approved amount is $348,919. The loan was approved on 01/28/2021 by The Minnwest Bank reported 41 jobs and $348,919 was used to fund payroll.

St. cloud downtown hotel llc is Existing or more than 2 years old

ST. CLOUD DOWNTOWN HOTEL LLC

Date Approved

01/28/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

ST. CLOUD DOWNTOWN HOTEL LLC

Borrower Address

205 6th Ave SE Ste 300

Borrower City

Aberdeen

Borrower State

SD

Borrower Zip

57401-4317

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

348918.50

Current Approval Amount

348918.50

Undisbursed Amount

0.00

Franchise Name

Courtyard by 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

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

BROWN

Project State

SD

Project Zip

57401-4317

CD

SD-

Jobs Reported

41

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

348912.50

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

350983.33

Forgiveness Date

09/09/2021

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