PPP Loan information for Eventide

$10,000,000

Eventide was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/14/2021 by The Alerus Financial, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Eventide is Existing or more than 2 years old

EVENTIDE

Date Approved

04/14/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EVENTIDE

Borrower Address

801 Main Ave Ste 201

Borrower City

Moorhead

Borrower State

MN

Borrower Zip

56560-2871

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Moorhead

Project County Name

CLAY

Project State

MN

Project Zip

56560-2871

CD

MN-07

Jobs Reported

500

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

10046388.89

Forgiveness Date

10/06/2021

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