PPP Loan information for Trail center lodge, llc

$87,500

Trail center lodge, llc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 01/17/2021 by The Grand Marais State Bank reported 20 jobs and $87,500 was used to fund payroll.

Trail center lodge, llc is Existing or more than 2 years old

TRAIL CENTER LODGE, LLC

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TRAIL CENTER LODGE, LLC

Borrower Address

7611 Gunflint Trl

Borrower City

Grand Marais

Borrower State

MN

Borrower Zip

55604-2048

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38186

Servicing Lender Name

Grand Marais State Bank

Servicing Lender Address

211 E Hwy 61

Servicing Lender City

GRAND MARAIS

Servicing Lender State

MN

Servicing Lender Zip

55604-4403

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Marais

Project County Name

COOK

Project State

MN

Project Zip

55604-2048

CD

MN-08

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87496.00

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

38186

Originating Lender

Grand Marais State Bank

Originating Lender City

GRAND MARAIS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87903.47

Forgiveness Date

07/08/2021

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