PPP Loan information for Bridges of hope

$112,500

Bridges of hope was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/08/2020 by The First Western Bank & Trust reported 31 jobs and $112,500 was used to fund payroll.

Bridges of hope is Existing or more than 2 years old

BRIDGES OF HOPE

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRIDGES OF HOPE

Borrower Address

2011 S 6TH ST

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-2818

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-2818

CD

MN-08

Jobs Reported

31

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

113484.38

Forgiveness Date

02/25/2021

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