PPP Loan information for Educators benefit consultants llc

$230,820

Educators benefit consultants llc was initially approved for PPP Loan of amount $230,820, the current approved amount is $230,820. The loan was approved on 04/13/2020 by The Cambridge State Bank reported 16 jobs and $230,820 was used to fund payroll.

Educators benefit consultants llc is Existing or more than 2 years old

EDUCATORS BENEFIT CONSULTANTS LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EDUCATORS BENEFIT CONSULTANTS LLC

Borrower Address

3125 Airport Ave. N.

Borrower City

Cambridge

Borrower State

MN

Borrower Zip

55008-1320

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230820.00

Current Approval Amount

230820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36703

Servicing Lender Name

Cambridge State Bank

Servicing Lender Address

127 S Main St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MN

Servicing Lender Zip

55008-1535

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

ISANTI

Project State

MN

Project Zip

55008-1320

CD

MN-08

Jobs Reported

16

NAICS Code

524292

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1502.00

Payroll Proceed

214318.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36703

Originating Lender

Cambridge State Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233019.20

Forgiveness Date

03/31/2021

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