PPP Loan information for Hotel development llc

$2,018,400

Hotel development llc was initially approved for PPP Loan of amount $2,018,400, the current approved amount is $2,018,400. The loan was approved on 04/29/2020 by The South Metro FCU reported 336 jobs and $2,018,400 was used to fund payroll.

Hotel development llc is Unanswered

PPP Loan Search / MN / MINNEAPOLIS / Hotel development llc

HOTEL DEVELOPMENT LLC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOTEL DEVELOPMENT LLC

Borrower Address

2141 Lindau Lane

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55425-2640

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2018400.00

Current Approval Amount

2018400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118811

Servicing Lender Name

South Metro FCU

Servicing Lender Address

2573 Credit Union Dr

Servicing Lender City

PRIOR LAKE

Servicing Lender State

MN

Servicing Lender Zip

55372-4552

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55425-2640

CD

MN-03

Jobs Reported

336

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2018400.00

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

118811

Originating Lender

South Metro FCU

Originating Lender City

PRIOR LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2044751.33

Forgiveness Date

08/20/2021

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