210 MOTEL, LLC (MN) - 2020 PPP Loan Borrower Profile (# 4698097009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 210 MOTEL, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

4698097009

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$69,800

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$70,368.09

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

13,000

Payroll Proced

49,300

Mortgage Interest Proceed

7,500

Lender

RiverWood Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

BAXTER, MN

Project Location

BAXTER, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.