River Point Resort, INC

$51,575 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
5137147310
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$51,575
Current Approval
$51,575
Forgiveness Amount
$51,914
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
River Point Resort, INC
Address
12007 River Point Rd
City
Ely
ZIP Code
55731
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$46,420
Utilities
$5,155

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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