PPP Loan information for Somerset hospitality, llc

$60,700

Somerset hospitality, llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $60,700. The loan was approved on 04/09/2020 by The Sunrise Banks, National Association reported 12 jobs and $60,700 was used to fund payroll.

Somerset hospitality, llc is Existing or more than 2 years old

PPP Loan Search / MN / SAVAGE / Somerset hospitality, llc

SOMERSET HOSPITALITY, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOMERSET HOSPITALITY, LLC

Borrower Address

4601 W HIGHWAY 13

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-1365

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

60700.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

38858

Servicing Lender Name

Sunrise Banks, National Association

Servicing Lender Address

200 University Ave West

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55103-2074

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-1365

CD

MN-02

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38858

Originating Lender

Sunrise Banks, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61228.84

Forgiveness Date

03/05/2021

;