PPP Loan information for Al & alma's charter company

$322,880

Al & alma's charter company was initially approved for PPP Loan of amount $322,880, the current approved amount is $322,880. The loan was approved on 04/05/2020 by The Grand Rapids State Bank reported 8 jobs and $322,880 was used to fund payroll.

Al & alma's charter company is Existing or more than 2 years old

AL & ALMA'S CHARTER COMPANY

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AL & ALMA'S CHARTER COMPANY

Borrower Address

5201 Piper Rd

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-9208

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322880.00

Current Approval Amount

322880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-9208

CD

MN-03

Jobs Reported

8

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

322880.00

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

326216.43

Forgiveness Date

04/23/2021

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