Sturgis Super 8 Motel INC

$53,700 PPP Loan in Sturgis, South Dakota

Loan Details

Loan Number
3056557303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$53,700
Current Approval
$53,700
Forgiveness Amount
$54,015
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sturgis Super 8 Motel INC
Address
2600 Whitewood Service Rd
ZIP Code
57785-2975
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Super 8 by Wyndhan
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$44,000
Utilities
$9,700

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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