PPP Loan information for Mccormick hospitality group llc

$363,440

Mccormick hospitality group llc was initially approved for PPP Loan of amount $363,440, the current approved amount is $363,440. The loan was approved on 01/20/2021 by The Lake Community Bank reported 16 jobs and $363,440 was used to fund payroll.

Mccormick hospitality group llc is Existing or more than 2 years old

MCCORMICK HOSPITALITY GROUP LLC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MCCORMICK HOSPITALITY GROUP LLC

Borrower Address

331 Broadway Ave S

Borrower City

Wayzata

Borrower State

MN

Borrower Zip

55391-1702

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363440.00

Current Approval Amount

363440.00

Undisbursed Amount

0.00

Franchise Name

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

N

Business Age Description

Existing or more than 2 years old

Project City

Wayzata

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-1702

CD

MN-03

Jobs Reported

16

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

363435.00

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

366246.56

Forgiveness Date

11/03/2021

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