PPP Loan information for Worthington lodging llc

$158,890

Worthington lodging llc was initially approved for PPP Loan of amount $158,890, the current approved amount is $158,890. The loan was approved on 01/27/2021 by The American State Bank reported 19 jobs and $158,890 was used to fund payroll.

Worthington lodging llc is Existing or more than 2 years old

WORTHINGTON LODGING LLC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WORTHINGTON LODGING LLC

Borrower Address

1250 Ryans Rd

Borrower City

Worthington

Borrower State

MN

Borrower Zip

56187-1722

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158889.50

Current Approval Amount

158889.50

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worthington

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1722

CD

MN-01

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

158885.50

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

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160077.91

Forgiveness Date

10/29/2021

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