PPP Loan information for Center for advanced design

$98,000

Center for advanced design was initially approved for PPP Loan of amount $98,000, the current approved amount is $98,000. The loan was approved on 01/20/2021 by The The Bank of Elk River reported 6 jobs and $98,000 was used to fund payroll.

Center for advanced design is Existing or more than 2 years old

PPP Loan Search / MN / Saint Michael / Center for advanced design

CENTER FOR ADVANCED DESIGN

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CENTER FOR ADVANCED DESIGN

Borrower Address

5410 Quam Cir NE

Borrower City

Saint Michael

Borrower State

MN

Borrower Zip

55376-3302

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98000.00

Current Approval Amount

98000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Michael

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-3302

CD

MN-06

Jobs Reported

6

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97998.00

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

Subchapter S Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98826.96

Forgiveness Date

12/01/2021

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