Date Approved
04/16/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
VC LODGING LLC
Borrower Address
271 WINTER SHOW RD SW
Borrower City
VALLEY CITY
Borrower State
ND
Borrower Zip
58072-4039
Loan Status Date
06/01/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
48400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
GrandStay Hotel & Suites
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
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BARNES
Project State
Project Zip
CD
ND-
Jobs Reported
15
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2420.00
Payroll Proceed
36300.00
Mortgage Interest Proceed
9680.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
48979.46
Forgiveness Date
06/29/2021