The Patch Motel, Incorporated

$122,700 PPP Loan in Warroad, Minnesota

Loan Details

Loan Number
6848997003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$122,700
Current Approval
$122,700
Forgiveness Amount
$123,651
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Patch Motel, Incorporated
Address
801 State Ave NW
ZIP Code
56763-2703
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$122,700

Lender Information

Servicing Lender
Security Bank USA
Originating Lender
Security Bank USA

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