Cedar Valley Resort
$44,800 PPP Loan in Lanesboro, Minnesota
Loan Details
- Loan Number
- 5095417004
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $44,800
- Current Approval
- $44,800
- Forgiveness Amount
- $45,093
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cedar Valley Resort
- Address
- 905 Bench St
- City
- Lanesboro
- State
- Minnesota
- ZIP Code
- 55949-8059
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112930)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $35,840
- Rent
- $5,376
- Utilities
- $3,584
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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