PPP Loan information for Acres for life - therapy & wellness center

$20,900

Acres for life - therapy & wellness center was initially approved for PPP Loan of amount $20,900, the current approved amount is $20,900. The loan was approved on 04/10/2020 by The First Resource Bank reported 3 jobs and $20,900 was used to fund payroll.

Acres for life - therapy & wellness center is Existing or more than 2 years old

ACRES FOR LIFE - THERAPY & WELLNESS CENTER

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ACRES FOR LIFE - THERAPY & WELLNESS CENTER

Borrower Address

18323 July Ave. N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-9788

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20900.00

Current Approval Amount

20900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-9788

CD

MN-08

Jobs Reported

3

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16708.50

Mortgage Interest Proceed

0.00

Rent Proceed

4191.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

21076.36

Forgiveness Date

02/23/2021

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