PPP Loan information for Abundant life ministries of northern minnesota

$42,300

Abundant life ministries of northern minnesota was initially approved for PPP Loan of amount $42,300, the current approved amount is $42,300. The loan was approved on 04/15/2020 by The Park State Bank reported 8 jobs and $42,300 was used to fund payroll.

Abundant life ministries of northern minnesota is New Business or 2 years or less

ABUNDANT LIFE MINISTRIES OF NORTHERN MINNESOTA

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ABUNDANT LIFE MINISTRIES OF NORTHERN MINNESOTA

Borrower Address

1637 E 40TH ST

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-3611

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42300.00

Current Approval Amount

42300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-3611

CD

MN-08

Jobs Reported

8

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3448.00

Payroll Proceed

33852.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

42511.50

Forgiveness Date

10/20/2020

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