PPP Loan information for Fairgrounds hospitality group llc

$82,403

Fairgrounds hospitality group llc was initially approved for PPP Loan of amount $82,403, the current approved amount is $82,403. The loan was approved on 01/19/2021 by The Sterling State Bank reported 14 jobs and $82,403 was used to fund payroll.

Fairgrounds hospitality group llc is Existing or more than 2 years old

PPP Loan Search / MN / Rochester / Fairgrounds hospitality group llc

FAIRGROUNDS HOSPITALITY GROUP LLC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FAIRGROUNDS HOSPITALITY GROUP LLC

Borrower Address

1230 Broadway Ave S

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55904-3821

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82403.37

Current Approval Amount

82403.37

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

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

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-3821

CD

MN-01

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82400.37

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82971.04

Forgiveness Date

09/28/2021

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