PPP Loan information for Fairgrounds hospitality group llc

$58,860

Fairgrounds hospitality group llc was initially approved for PPP Loan of amount $58,860, the current approved amount is $58,860. The loan was approved on 04/06/2020 by The Sterling State Bank reported 14 jobs and $58,860 was used to fund payroll.

Fairgrounds hospitality group llc is New Business or 2 years or less

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

FAIRGROUNDS HOSPITALITY GROUP LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

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

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58859.55

Current Approval Amount

58859.55

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

New Business or 2 years or less

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

0.00

Payroll Proceed

58859.55

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

59420.35

Forgiveness Date

03/18/2021

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