PPP Loan information for Lakeshor motor inn inc

$22,700

Lakeshor motor inn inc was initially approved for PPP Loan of amount $22,700, the current approved amount is $22,700. The loan was approved on 04/09/2020 by The Frandsen Bank & Trust reported 7 jobs and $22,700 was used to fund payroll.

Lakeshor motor inn inc is New Business or 2 years or less

PPP Loan Search / MN / VIRGINIA / Lakeshor motor inn inc

LAKESHOR MOTOR INN INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKESHOR MOTOR INN INC

Borrower Address

404 N 6TH AVE

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-2303

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22700.00

Current Approval Amount

22700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-2303

CD

MN-08

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2270.00

Payroll Proceed

17025.00

Mortgage Interest Proceed

3405.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22867.30

Forgiveness Date

01/13/2021

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