Gangelhoff Properties, INC

$74,417 PPP Loan in Little Falls, Minnesota

Loan Details

Loan Number
6705247004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$74,417
Current Approval
$74,417
Forgiveness Amount
$75,052
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gangelhoff Properties, INC
Address
209 16th St NE
ZIP Code
56345-3389
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Country Inn & Suites�by Radisson
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.9M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$51,422
Utilities
$4,019
Mortgage Interest
$18,976

Lender Information

Servicing Lender
Riverwood Bank
Originating Lender
Riverwood Bank

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