PPP Loan information for Northfield hotel properties

$141,900

Northfield hotel properties was initially approved for PPP Loan of amount $141,900, the current approved amount is $141,900. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 20 jobs and $141,900 was used to fund payroll.

Northfield hotel properties is Existing or more than 2 years old

PPP Loan Search / MN / NORTHFIELD / Northfield hotel properties

NORTHFIELD HOTEL PROPERTIES

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHFIELD HOTEL PROPERTIES

Borrower Address

118 Water Street N

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-2022

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141900.00

Current Approval Amount

141900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-2022

CD

MN-02

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8868.75

Payroll Proceed

106425.00

Mortgage Interest Proceed

8868.75

Rent Proceed

8868.75

Refinance EIDL Proceed

0.00

Health Care Proceed

8868.75

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143287.47

Forgiveness Date

04/01/2021

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