PPP Loan information for Vermillion motel, inc

$66,400

Vermillion motel, inc was initially approved for PPP Loan of amount $66,400, the current approved amount is $66,400. The loan was approved on 04/10/2020 by The First Bank & Trust reported 14 jobs and $66,400 was used to fund payroll.

Vermillion motel, inc is Existing or more than 2 years old

PPP Loan Search / SD / VERMILLION / Vermillion motel, inc

VERMILLION MOTEL, INC

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

VERMILLION MOTEL, INC

Borrower Address

701 W Cherry St

Borrower City

VERMILLION

Borrower State

SD

Borrower Zip

57069-1139

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66400.00

Current Approval Amount

66400.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERMILLION

Project County Name

CLAY

Project State

SD

Project Zip

57069-1139

CD

SD-

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66400.00

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

Corporation

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67021.58

Forgiveness Date

03/19/2021

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