PPP Loan information for Travelers inn restaurant

$132,500

Travelers inn restaurant was initially approved for PPP Loan of amount $132,500, the current approved amount is $132,500. The loan was approved on 04/15/2020 by The Bremer Bank, National Association reported 24 jobs and $132,500 was used to fund payroll.

Travelers inn restaurant is New Business or 2 years or less

TRAVELERS INN RESTAURANT

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRAVELERS INN RESTAURANT

Borrower Address

511 Broadway

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132500.00

Current Approval Amount

132500.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-0001

CD

MN-07

Jobs Reported

24

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132500.00

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

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

133908.49

Forgiveness Date

05/14/2021

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