PPP Loan information for Eldercircle

$65,500

Eldercircle was initially approved for PPP Loan of amount $65,500, the current approved amount is $65,500. The loan was approved on 04/15/2020 by The Park State Bank reported 21 jobs and $65,500 was used to fund payroll.

Eldercircle is Existing or more than 2 years old

ELDERCIRCLE

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELDERCIRCLE

Borrower Address

400 River Road, Suite 1

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3784

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65500.00

Current Approval Amount

65500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3784

CD

MN-08

Jobs Reported

21

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

52422.00

Mortgage Interest Proceed

0.00

Rent Proceed

8078.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

66056.75

Forgiveness Date

02/23/2021

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