PPP Loan information for Art and science academy

$455,000

Art and science academy was initially approved for PPP Loan of amount $455,000, the current approved amount is $455,000. The loan was approved on 08/03/2020 by The First Bank & Trust reported 43 jobs and $455,000 was used to fund payroll.

Art and science academy is Existing or more than 2 years old

ART AND SCIENCE ACADEMY

Date Approved

08/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ART AND SCIENCE ACADEMY

Borrower Address

903 6TH AVE CT NE

Borrower City

ISANTI

Borrower State

MN

Borrower Zip

55040

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

455000.00

Current Approval Amount

455000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ISANTI

Project County Name

ISANTI

Project State

MN

Project Zip

55040-0001

CD

MN-08

Jobs Reported

43

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

455000.00

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

Non-Profit Organization

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

457173.89

Forgiveness Date

01/25/2021

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