PPP Loan information for Community and economic development associates

$325,200

Community and economic development associates was initially approved for PPP Loan of amount $325,200, the current approved amount is $325,200. The loan was approved on 04/10/2020 by The F & M Community Bank, National Association reported 26 jobs and $325,200 was used to fund payroll.

Community and economic development associates is Existing or more than 2 years old

COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATES

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATES

Borrower Address

1500 South Hwy 52 PO Box 483

Borrower City

CHATFIELD

Borrower State

MN

Borrower Zip

55923-0483

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325200.00

Current Approval Amount

325200.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CHATFIELD

Project County Name

FILLMORE

Project State

MN

Project Zip

55923-0483

CD

MN-01

Jobs Reported

26

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

325200.00

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

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

329004.39

Forgiveness Date

06/18/2021

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