PPP Loan information for Cedar valley resort

$44,800

Cedar valley resort was initially approved for PPP Loan of amount $44,800, the current approved amount is $44,800. The loan was approved on 04/05/2020 by The Merchants Bank, National Association reported 10 jobs and $44,800 was used to fund payroll.

Cedar valley resort is Existing or more than 2 years old

PPP Loan Search / MN / LANESBORO / Cedar valley resort

CEDAR VALLEY RESORT

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CEDAR VALLEY RESORT

Borrower Address

905 BENCH ST

Borrower City

LANESBORO

Borrower State

MN

Borrower Zip

55949-8059

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44800.00

Current Approval Amount

44800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANESBORO

Project County Name

FILLMORE

Project State

MN

Project Zip

55949-8059

CD

MN-01

Jobs Reported

10

NAICS Code

112930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3584.00

Payroll Proceed

35840.00

Mortgage Interest Proceed

0.00

Rent Proceed

5376.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36017.78

Forgiveness Date

11/23/2020

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