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Hotel Rapids INC.

Company Details

Name: Hotel Rapids INC.
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 20 Nov 2014 (10 years ago)
Company Number: eed468d0-ee70-e411-ae63-001ec94ffe7f
File Number: 795117500023
Registered Office Address: 311 East Highway 2, Grand Rapids, MN 55744, USA
Principal Executive Office Address: 29864 SUNNY BEACH RD, GRAND RAPIDS, MN 55744–4541, United States
ZIP code: 55744
County: Itasca County
Place of Formation: Minnesota

Chief Executive Officer

Name Role Address
Lewis michael kellin Chief Executive Officer 29864 SUNNY BEACH RD, GRAND RAPIDS, MN 55744–4541, United States

Agent

Name Role
Lewis Michael Kellin Agent

Filing

Filing Name Filing date
Original Filing - Business Corporation (Domestic) (Business Name: Hotel Rapids INC.) 2014-11-20

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1966408300 2021-01-20 0508 PPS 680 E Highway 2, Grand Rapids, MN, 55744-3153
Loan Status Date 2021-08-06
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 65421.25
Loan Approval Amount (current) 65421.25
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38190
Servicing Lender Name Grand Rapids State Bank
Servicing Lender Address 523 NW 1st Ave, GRAND RAPIDS, MN, 55744-2618
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Grand Rapids, ITASCA, MN, 55744-3153
Project Congressional District MN-08
Number of Employees 12
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 38190
Originating Lender Name Grand Rapids State Bank
Originating Lender Address GRAND RAPIDS, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 65746.54
Forgiveness Paid Date 2021-07-21
8391867008 2020-04-08 0508 PPP 680 E HIGHWAY 2, GRAND RAPIDS, MN, 55744-3153
Loan Status Date 2021-04-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 46340
Loan Approval Amount (current) 46340
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38190
Servicing Lender Name Grand Rapids State Bank
Servicing Lender Address 523 NW 1st Ave, GRAND RAPIDS, MN, 55744-2618
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address GRAND RAPIDS, ITASCA, MN, 55744-3153
Project Congressional District MN-08
Number of Employees 14
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 38190
Originating Lender Name Grand Rapids State Bank
Originating Lender Address GRAND RAPIDS, MN
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 46763.5
Forgiveness Paid Date 2021-03-11

Date of last update: 31 Jan 2025

Sources: Minnesota's Official State Website