PPP Loan information for American group of hotels inc.

$221,627

American group of hotels inc. was initially approved for PPP Loan of amount $221,627, the current approved amount is $221,627. The loan was approved on 02/11/2021 by The Hiawatha National Bank reported 32 jobs and $221,627 was used to fund payroll.

American group of hotels inc. is Existing or more than 2 years old

PPP Loan Search / MN / Shakopee / American group of hotels inc.

AMERICAN GROUP OF HOTELS INC.

Date Approved

02/11/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN GROUP OF HOTELS INC.

Borrower Address

1244 Canterbury Rd S

Borrower City

Shakopee

Borrower State

MN

Borrower Zip

55379-8901

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

221627.00

Current Approval Amount

221627.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

75967

Servicing Lender Name

Hiawatha National Bank

Servicing Lender Address

N1555 770th St

Servicing Lender City

HAGER CITY

Servicing Lender State

WI

Servicing Lender Zip

54014-8027

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shakopee

Project County Name

SCOTT

Project State

MN

Project Zip

55379-8901

CD

MN-02

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

221621.00

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

75967

Originating Lender

Hiawatha National Bank

Originating Lender City

HAGER CITY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

223301.52

Forgiveness Date

11/16/2021

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