PPP Loan information for Cornelia cottages of new richland operations, llc

$81,800

Cornelia cottages of new richland operations, llc was initially approved for PPP Loan of amount $81,800, the current approved amount is $81,800. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 19 jobs and $81,800 was used to fund payroll.

Cornelia cottages of new richland operations, llc is Existing or more than 2 years old

PPP Loan Search / MN / NEW RICHLAND / Cornelia cottages of new richland operations, llc

CORNELIA COTTAGES OF NEW RICHLAND OPERATIONS, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CORNELIA COTTAGES OF NEW RICHLAND OPERATIONS, LLC

Borrower Address

113 1ST ST

Borrower City

NEW RICHLAND

Borrower State

MN

Borrower Zip

56072-1200

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81800.00

Current Approval Amount

81800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW RICHLAND

Project County Name

WASECA

Project State

MN

Project Zip

56072-1200

CD

MN-01

Jobs Reported

19

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8180.00

Payroll Proceed

65440.00

Mortgage Interest Proceed

8180.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82533.93

Forgiveness Date

03/01/2021

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