PPP Loan information for Sturgis super 8 motel inc

$53,700

Sturgis super 8 motel inc was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/29/2020 by The Dacotah Bank reported 6 jobs and $53,700 was used to fund payroll.

Sturgis super 8 motel inc is Existing or more than 2 years old

STURGIS SUPER 8 MOTEL INC

Date Approved

04/29/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

STURGIS SUPER 8 MOTEL INC

Borrower Address

2600 WHITEWOOD SERVICE RD

Borrower City

STURGIS

Borrower State

SD

Borrower Zip

57785-2975

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STURGIS

Project County Name

MEADE

Project State

SD

Project Zip

57785-2975

CD

SD-

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9700.00

Payroll Proceed

44000.00

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

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54014.74

Forgiveness Date

12/09/2020

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