PPP Loan information for Aicota health care center inc

$949,465

Aicota health care center inc was initially approved for PPP Loan of amount $949,465, the current approved amount is $949,465. The loan was approved on 04/08/2020 by The Security State Bank of Aitkin reported 126 jobs and $949,465 was used to fund payroll.

Aicota health care center inc is Existing or more than 2 years old

PPP Loan Search / MN / AITKIN / Aicota health care center inc

AICOTA HEALTH CARE CENTER INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AICOTA HEALTH CARE CENTER INC

Borrower Address

850 2ND ST

Borrower City

AITKIN

Borrower State

MN

Borrower Zip

56431-1140

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

949465.00

Current Approval Amount

949465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36579

Servicing Lender Name

Security State Bank of Aitkin

Servicing Lender Address

402 Minnesota Ave North

Servicing Lender City

AITKIN

Servicing Lender State

MN

Servicing Lender Zip

56431-1416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AITKIN

Project County Name

AITKIN

Project State

MN

Project Zip

56431-1140

CD

MN-08

Jobs Reported

126

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14500.00

Payroll Proceed

732965.00

Mortgage Interest Proceed

52000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36579

Originating Lender

Security State Bank of Aitkin

Originating Lender City

AITKIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

954950.80

Forgiveness Date

11/12/2020

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