PPP Loan information for Embassy hotel holdings, llc

$215,880

Embassy hotel holdings, llc was initially approved for PPP Loan of amount $215,880, the current approved amount is $215,880. The loan was approved on 01/16/2021 by The Lake Community Bank reported 21 jobs and $215,880 was used to fund payroll.

Embassy hotel holdings, llc is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Embassy hotel holdings, llc

EMBASSY HOTEL HOLDINGS, LLC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

EMBASSY HOTEL HOLDINGS, LLC

Borrower Address

7800 2nd Ave S

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55420-1206

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215880.00

Current Approval Amount

215880.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55420-1206

CD

MN-03

Jobs Reported

21

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

215878.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

217013.37

Forgiveness Date

08/04/2021

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