PPP Loan information for Commonweal theatre company

$95,000

Commonweal theatre company was initially approved for PPP Loan of amount $95,000, the current approved amount is $95,000. The loan was approved on 04/04/2020 by The F & M Community Bank, National Association reported 15 jobs and $95,000 was used to fund payroll.

Commonweal theatre company is Existing or more than 2 years old

COMMONWEAL THEATRE COMPANY

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMMONWEAL THEATRE COMPANY

Borrower Address

208 PARKWAY AVE N

Borrower City

LANESBORO

Borrower State

MN

Borrower Zip

55949-9795

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95000.00

Current Approval Amount

95000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANESBORO

Project County Name

FILLMORE

Project State

MN

Project Zip

55949-9795

CD

MN-01

Jobs Reported

15

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

73000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95616.85

Forgiveness Date

12/10/2020

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