The Lodge at Sugar Lake, LLC

$304,000 PPP Loan in Cohasset, Minnesota

Loan Details

Loan Number
5763607009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$304,000
Current Approval
$304,000
Forgiveness Amount
$305,832
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Lodge at Sugar Lake, LLC
Address
37584 Otis Ln
ZIP Code
55721-8940
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721199)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$254,000
Utilities
$30,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Woodland Bank
Originating Lender
Woodland Bank

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