PPP Loan information for 24restore, inc.

$577,600

24restore, inc. was initially approved for PPP Loan of amount $577,600, the current approved amount is $577,600. The loan was approved on 04/06/2020 by The Northeast Bank reported 40 jobs and $577,600 was used to fund payroll.

24restore, inc. is Existing or more than 2 years old

24RESTORE, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

24RESTORE, INC.

Borrower Address

6615 141ST AVE NW

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-5640

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

577600.00

Current Approval Amount

577600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-5640

CD

MN-06

Jobs Reported

40

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

577600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

581477.04

Forgiveness Date

12/18/2020

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