Date Approved
01/29/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
NILKANTH HOSPITALITY INC
Borrower Address
752 Withers Harbor Dr
Borrower City
Red Wing
Borrower State
MN
Borrower Zip
55066-2089
Loan Status Date
09/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
22013.07
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels
Servicing Lender Location Id
24641
Servicing Lender Name
Security State Bank
Servicing Lender Address
1 East State St
Servicing Lender City
ALGONA
Servicing Lender State
IA
Servicing Lender Zip
50511-2641
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GOODHUE
Project State
Project Zip
CD
MN-01
Jobs Reported
5
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
22008.07
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
22142.09
Forgiveness Date
09/01/2021