Ritter's Retreat
$34,800 PPP Loan in Lanesboro, Minnesota
Loan Details
- Loan Number
- 7087397010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $34,800
- Current Approval
- $34,800
- Forgiveness Amount
- $35,068
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ritter's Retreat
- Address
- 35455 State Hwy. 16
- City
- Lanesboro
- State
- Minnesota
- ZIP Code
- 55949-7894
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721211)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $27,840
- Utilities
- $3,480
- Mortgage Interest
- $3,480
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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|---|---|---|
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| Lanesboro Sales Commission INC | $276,800 | AI Deep Dive |
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| Preston Specialties INC | $200,100 | AI Deep Dive |
| Preston Specialties INC | $200,100 | AI Deep Dive |
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