PPP Loan information for Minnetonka lodging group llc

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNETONKA LODGING GROUP LLC

Borrower Address

10420 Wayzata Blvd

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138025.00

Current Approval Amount

138025.00

Undisbursed Amount

0.00

Franchise Name

La Quinta by Wyndham a.k.a. La Quinta Inn & Suites

Servicing Lender Location Id

75723

Servicing Lender Name

Citizens State Bank of La Crosse

Servicing Lender Address

620 Main St

Servicing Lender City

LA CROSSE

Servicing Lender State

WI

Servicing Lender Zip

54601-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-0001

CD

MN-03

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18800.00

Payroll Proceed

103518.75

Mortgage Interest Proceed

15706.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

75723

Originating Lender

Citizens State Bank of La Crosse

Originating Lender City

LA CROSSE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138960.50

Forgiveness Date

01/07/2021