PPP Loan information for Dl hotel group llc

$40,000

Dl hotel group llc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/04/2020 by The Midwest Bank reported 13 jobs and $40,000 was used to fund payroll.

Dl hotel group llc is New Business or 2 years or less

DL HOTEL GROUP LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DL HOTEL GROUP LLC

Borrower Address

1330 E HIGHWAY 10

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-4715

Loan Status Date

02/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

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

New Business or 2 years or less

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-4715

CD

MN-07

Jobs Reported

13

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

40300.27

Forgiveness Date

01/20/2021

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