PPP Loan information for Northfield hotel properties llc

$188,600

Northfield hotel properties llc was initially approved for PPP Loan of amount $188,600, the current approved amount is $188,600. The loan was approved on 02/09/2021 by The MidWestOne Bank reported 20 jobs and $188,600 was used to fund payroll.

Northfield hotel properties llc is Existing or more than 2 years old

NORTHFIELD HOTEL PROPERTIES LLC

Date Approved

02/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHFIELD HOTEL PROPERTIES LLC

Borrower Address

118 Water St N

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-2022

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188600.00

Current Approval Amount

188600.00

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

1.00

Payroll Proceed

188597.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189983.07

Forgiveness Date

11/03/2021

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