PPP Loan information for Venerts hotel management, inc.

$58,800

Venerts hotel management, inc. was initially approved for PPP Loan of amount $58,800, the current approved amount is $58,800. The loan was approved on 04/05/2020 by The Dacotah Bank reported 4 jobs and $58,800 was used to fund payroll.

Venerts hotel management, inc. is Existing or more than 2 years old

PPP Loan Search / SD / WATERTOWN / Venerts hotel management, inc.

VENERTS HOTEL MANAGEMENT, INC.

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

VENERTS HOTEL MANAGEMENT, INC.

Borrower Address

15 8TH AVE SE

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-1605

Loan Status Date

06/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58800.00

Current Approval Amount

58800.00

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-1605

CD

SD-

Jobs Reported

4

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

52000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

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

55156.20

Forgiveness Date

12/07/2020

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