St. Cloud Downtown Hotel, LLC

$307,100 PPP Loan in Aberdeen, South Dakota

Loan Details

Loan Number
1026197106
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$307,100
Current Approval
$249,500
Forgiveness Amount
$251,291
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
St. Cloud Downtown Hotel, LLC
Address
205 6th Ave SE Suite 300
ZIP Code
57401-2850
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Marriott/jw Marriott
Business Age
New Business or 2 years or less
Jobs Reported
51
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$249,500

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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