V & B Properties of Faribault, LLC

$51,600 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
6537877005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$51,600
Current Approval
$65,100
Forgiveness Amount
$65,523
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
V & B Properties of Faribault, LLC
Address
1500 20th St NW
ZIP Code
55021-2921
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Grandstay Residential Suites
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$65,100

Lender Information

Servicing Lender
Reliance Bank
Originating Lender
Reliance Bank

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