PPP Loan information for Watertown hotel, llc

$89,200

Watertown hotel, llc was initially approved for PPP Loan of amount $89,200, the current approved amount is $89,200. The loan was approved on 04/03/2020 by The Reliabank Dakota reported 13 jobs and $89,200 was used to fund payroll.

Watertown hotel, llc is New Business or 2 years or less

WATERTOWN HOTEL, LLC

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

WATERTOWN HOTEL, LLC

Borrower Address

3409 8th Ave. SE

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-9153

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89200.00

Current Approval Amount

89200.00

Undisbursed Amount

0.00

Franchise Name

My Place Hotels

Servicing Lender Location Id

66512

Servicing Lender Name

Reliabank Dakota

Servicing Lender Address

211 N Main St

Servicing Lender City

ESTELLINE

Servicing Lender State

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-9153

CD

SD-

Jobs Reported

13

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8920.00

Payroll Proceed

71360.00

Mortgage Interest Proceed

8920.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89878.91

Forgiveness Date

01/07/2021

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