PPP Loan information for Brookstone manor, inc.

$393,000

Brookstone manor, inc. was initially approved for PPP Loan of amount $346,100, the current approved amount is $393,000. The loan was approved on 04/06/2020 by The Magnifi Financial CU reported 49 jobs and $393,000 was used to fund payroll.

Brookstone manor, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Brookstone manor, inc.

BROOKSTONE MANOR, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BROOKSTONE MANOR, INC.

Borrower Address

722 N Pokegama Ave

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2650

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346100.00

Current Approval Amount

393000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2650

CD

MN-08

Jobs Reported

49

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20900.00

Payroll Proceed

314436.00

Mortgage Interest Proceed

0.00

Rent Proceed

57664.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

396973.07

Forgiveness Date

04/15/2021

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