PPP Loan information for Cannon valley hospitality llc

$91,846

Cannon valley hospitality llc was initially approved for PPP Loan of amount $91,846, the current approved amount is $91,846. The loan was approved on 01/19/2021 by The 1st United Bank reported 18 jobs and $91,846 was used to fund payroll.

Cannon valley hospitality llc is Existing or more than 2 years old

CANNON VALLEY HOSPITALITY LLC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CANNON VALLEY HOSPITALITY LLC

Borrower Address

1801 Lavender Dr

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-9269

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91846.34

Current Approval Amount

91846.34

Undisbursed Amount

0.00

Franchise Name

Boarders Inn & Suites by Cobblestone

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-9269

CD

MN-01

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

91843.34

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92823.48

Forgiveness Date

02/09/2022

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