PPP Loan information for Annandale care center

$953,700

Annandale care center was initially approved for PPP Loan of amount $953,700, the current approved amount is $953,700. The loan was approved on 04/04/2020 by The Lake Central Bank reported 145 jobs and $953,700 was used to fund payroll.

Annandale care center is Existing or more than 2 years old

PPP Loan Search / MN / ANNANDALE / Annandale care center

ANNANDALE CARE CENTER

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ANNANDALE CARE CENTER

Borrower Address

500 PARK ST

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302-3060

Loan Status Date

04/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

953700.00

Current Approval Amount

953700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-3060

CD

MN-06

Jobs Reported

145

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

902700.00

Mortgage Interest Proceed

31000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

962892.61

Forgiveness Date

03/29/2021

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