PPP Loan information for Eagle ridge academy

$1,761,273

Eagle ridge academy was initially approved for PPP Loan of amount $1,761,273, the current approved amount is $1,761,273. The loan was approved on 03/12/2021 by The Choice Financial Group reported 160 jobs and $1,761,273 was used to fund payroll.

Eagle ridge academy is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / Eagle ridge academy

EAGLE RIDGE ACADEMY

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EAGLE RIDGE ACADEMY

Borrower Address

11111 Bren Rd W

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55343-9015

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1761273.00

Current Approval Amount

1761273.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-9015

CD

MN-03

Jobs Reported

160

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1761271.00

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

501(c)3 – Non Profit

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

1769524.44

Forgiveness Date

09/10/2021

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