PPP Loan information for 3m open fund

$258,303

3m open fund was initially approved for PPP Loan of amount $258,303, the current approved amount is $258,303. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 18 jobs and $258,303 was used to fund payroll.

3m open fund is New Business or 2 years or less

3M OPEN FUND

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

3M OPEN FUND

Borrower Address

11074 RADISSON RAOD NE

Borrower City

BLAINE

Borrower State

MN

Borrower Zip

55449

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258303.00

Current Approval Amount

258303.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BLAINE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55449-0001

CD

MN-06

Jobs Reported

18

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258303.00

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

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

260645.42

Forgiveness Date

04/05/2021

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