PPP Loan information for Dl hotel group

$56,000

Dl hotel group was initially approved for PPP Loan of amount $56,000, the current approved amount is $56,000. The loan was approved on 02/12/2021 by The Midwest Bank reported 11 jobs and $56,000 was used to fund payroll.

Dl hotel group is Existing or more than 2 years old

PPP Loan Search / MN / Detroit Lakes / Dl hotel group

DL HOTEL GROUP

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DL HOTEL GROUP

Borrower Address

1330 Highway 10 E

Borrower City

Detroit Lakes

Borrower State

MN

Borrower Zip

56501-4715

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56000.00

Current Approval Amount

56000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit Lakes

Project County Name

BECKER

Project State

MN

Project Zip

56501-4715

CD

MN-07

Jobs Reported

11

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56000.00

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

Subchapter S Corporation

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56380.49

Forgiveness Date

10/25/2021

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