PPP Loan information for Advancements in allergy and asthma care ltd

$401,900

Advancements in allergy and asthma care ltd was initially approved for PPP Loan of amount $401,900, the current approved amount is $401,900. The loan was approved on 03/12/2021 by The Alerus Financial, National Association reported 26 jobs and $401,900 was used to fund payroll.

Advancements in allergy and asthma care ltd is Existing or more than 2 years old

ADVANCEMENTS IN ALLERGY AND ASTHMA CARE LTD

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ADVANCEMENTS IN ALLERGY AND ASTHMA CARE LTD

Borrower Address

12450 Wayzata Blvd Ste 215

Borrower City

Hopkins

Borrower State

MN

Borrower Zip

55305-1927

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

401900.00

Current Approval Amount

401900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hopkins

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1927

CD

MN-03

Jobs Reported

26

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

401894.00

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

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

404981.23

Forgiveness Date

12/20/2021

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