PPP Loan information for Sturgis super 8 motel inc

$75,278

Sturgis super 8 motel inc was initially approved for PPP Loan of amount $75,278, the current approved amount is $75,278. The loan was approved on 02/10/2021 by The Dacotah Bank reported 9 jobs and $75,278 was used to fund payroll.

Sturgis super 8 motel inc is Existing or more than 2 years old

STURGIS SUPER 8 MOTEL INC

Date Approved

02/10/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

STURGIS SUPER 8 MOTEL INC

Borrower Address

2600 Whitewood Service Rd

Borrower City

Sturgis

Borrower State

SD

Borrower Zip

57785-2975

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75278.00

Current Approval Amount

75278.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

MEADE

Project State

SD

Project Zip

57785-2975

CD

SD-

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

75276.00

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

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75581.20

Forgiveness Date

07/07/2021

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