PPP Loan information for Travelers inn restaurant

$185,552

Travelers inn restaurant was initially approved for PPP Loan of amount $185,552, the current approved amount is $185,552. The loan was approved on 01/28/2021 by The Bremer Bank, National Association reported 22 jobs and $185,552 was used to fund payroll.

Travelers inn restaurant is Existing or more than 2 years old

PPP Loan Search / MN / Alexandria / Travelers inn restaurant

TRAVELERS INN RESTAURANT

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TRAVELERS INN RESTAURANT

Borrower Address

511 Broadway St

Borrower City

Alexandria

Borrower State

MN

Borrower Zip

56308-4508

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185551.94

Current Approval Amount

185551.94

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-4508

CD

MN-07

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

185545.94

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

Partnership

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

187016.02

Forgiveness Date

11/17/2021

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