PPP Loan information for Vermillion motel inc.

$93,070

Vermillion motel inc. was initially approved for PPP Loan of amount $93,070, the current approved amount is $93,070. The loan was approved on 01/23/2021 by The First Bank & Trust reported 14 jobs and $93,070 was used to fund payroll.

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

VERMILLION MOTEL INC.

Date Approved

01/23/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

VERMILLION MOTEL INC.

Borrower Address

701 W Cherry St

Borrower City

Vermillion

Borrower State

SD

Borrower Zip

57069-1139

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93070.11

Current Approval Amount

93070.11

Undisbursed Amount

0.00

Franchise Name

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

93070.11

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

93636.29

Forgiveness Date

09/07/2021

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