Lakeshor Motor Inn INC

$22,700 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
9786297002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$22,700
Current Approval
$22,700
Forgiveness Amount
$22,867
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakeshor Motor Inn INC
Address
404 N 6th Ave
ZIP Code
55792-2303
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
New Business or 2 years or less
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$17,025
Utilities
$2,270
Mortgage Interest
$3,405

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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