PPP Loan information for Blue chip tree company

$50,400

Blue chip tree company was initially approved for PPP Loan of amount $50,400, the current approved amount is $50,400. The loan was approved on 04/15/2020 by The Alerus Financial, National Association reported 6 jobs and $50,400 was used to fund payroll.

Blue chip tree company is Existing or more than 2 years old

BLUE CHIP TREE COMPANY

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLUE CHIP TREE COMPANY

Borrower Address

7700 110th St S

Borrower City

COTTAGE GROVE

Borrower State

MN

Borrower Zip

55016-4554

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50400.00

Current Approval Amount

50400.00

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

COTTAGE GROVE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55016-4554

CD

MN-02

Jobs Reported

6

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37800.00

Mortgage Interest Proceed

0.00

Rent Proceed

12600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50701.00

Forgiveness Date

11/24/2020

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