PPP Loan information for Delux motel

$7,800

Delux motel was initially approved for PPP Loan of amount $7,800, the current approved amount is $7,800. The loan was approved on 05/05/2020 by The Minnwest Bank reported 7 jobs and $7,800 was used to fund payroll.

Delux motel is Existing or more than 2 years old

PPP Loan Search / MN / MARSHALL / Delux motel

DELUX MOTEL

Date Approved

05/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DELUX MOTEL

Borrower Address

516 E MAIN ST

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2522

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7800.00

Current Approval Amount

7800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2522

CD

MN-07

Jobs Reported

7

NAICS Code

721110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7800.00

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

Sole Proprietorship

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7866.46

Forgiveness Date

03/22/2021

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