Fairmont Channel Inn, INC
$43,000 PPP Loan in Fairmont, Minnesota
Loan Details
- Loan Number
- 6331607010
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $43,000
- Current Approval
- $43,000
- Forgiveness Amount
- $43,209
- Forgiveness Date
- Oct 8, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fairmont Channel Inn, INC
- Address
- 330 W Lair Rd
- City
- Fairmont
- State
- Minnesota
- ZIP Code
- 56031-2310
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721191)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $32,250
- Utilities
- $5,375
- Health Care
- $5,375
Lender Information
- Servicing Lender
- First Farmers & Merchants National Bank
- Originating Lender
- First Farmers & Merchants National Bank
Other PPP Loans in Fairmont, MN
| Business | Approved | |
|---|---|---|
| Fairmont Foods, Inc. | $2,684,100 |  AI Deep Dive |
| Devenish Nutrition, LLC | $1,852,600 | AI Deep Dive |
| Kahler Automation Corporation | $1,095,400 | AI Deep Dive |
| Lakeview Methodist Health Care Center | $995,200 | AI Deep Dive |
| Clerc Enterprises of South Central Mn LLC | $902,700 | AI Deep Dive |
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