PPP Loan information for Roots hospitality llc

$58,500

Roots hospitality llc was initially approved for PPP Loan of amount $58,500, the current approved amount is $58,500. The loan was approved on 04/12/2020 by The Merchants Bank, National Association reported 21 jobs and $58,500 was used to fund payroll.

Roots hospitality llc is New Business or 2 years or less

PPP Loan Search / MN / WINONA / Roots hospitality llc

ROOTS HOSPITALITY LLC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROOTS HOSPITALITY LLC

Borrower Address

303 PELZER ST

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-1927

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58500.00

Current Approval Amount

58500.00

Undisbursed Amount

0.00

Franchise Name

AmericInn by Wyndham

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-1927

CD

MN-01

Jobs Reported

21

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

55.00

Payroll Proceed

43945.00

Mortgage Interest Proceed

14500.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59252.38

Forgiveness Date

07/29/2021

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