PPP Loan information for Bam hospitality

$66,728

Bam hospitality was initially approved for PPP Loan of amount $55,252, the current approved amount is $66,728. The loan was approved on 04/06/2020 by The Sterling State Bank reported 12 jobs and $66,728 was used to fund payroll.

Bam hospitality is New Business or 2 years or less

PPP Loan Search / MN / ROCHESTER / Bam hospitality

BAM HOSPITALITY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BAM HOSPITALITY

Borrower Address

1620 1ST AVE SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-7901

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55252.40

Current Approval Amount

66727.60

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-7901

CD

MN-01

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66727.60

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

Partnership

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67406.00

Forgiveness Date

04/15/2021

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