Right Choice Lodging

$603,200 PPP Loan in Detroit Lakes, Minnesota

Loan Details

Loan Number
1088868304
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$603,200
Current Approval
$551,351
Forgiveness Amount
$557,861
Forgiveness Date
Mar 29, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Right Choice Lodging
Address
1155 Highway 10 E
ZIP Code
56501-4215
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$25.0M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$551,351

Lender Information

Servicing Lender
Midwest Bank
Originating Lender
Midwest Bank

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