PPP Loan information for Travelnet solutions inc

$1,114,900

Travelnet solutions inc was initially approved for PPP Loan of amount $1,114,900, the current approved amount is $1,114,900. The loan was approved on 04/13/2020 by The Alliance Bank reported 85 jobs and $1,114,900 was used to fund payroll.

Travelnet solutions inc is New Business or 2 years or less

TRAVELNET SOLUTIONS INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRAVELNET SOLUTIONS INC

Borrower Address

990 Hemingway Ave South

Borrower City

COTTAGE GROVE

Borrower State

MN

Borrower Zip

55016

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1114900.00

Current Approval Amount

1114900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COTTAGE GROVE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55016-0001

CD

MN-02

Jobs Reported

85

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1114900.00

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

Corporation

Originating Lender Location Id

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1125553.49

Forgiveness Date

04/08/2021

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