PPP Loan information for Grand marais arts inc.

$62,500

Grand marais arts inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 01/22/2021 by The Grand Marais State Bank reported 5 jobs and $62,500 was used to fund payroll.

Grand marais arts inc. is Existing or more than 2 years old

PPP Loan Search / MN / Grand Marais / Grand marais arts inc.

GRAND MARAIS ARTS INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRAND MARAIS ARTS INC.

Borrower Address

120 3rd Ave W

Borrower City

Grand Marais

Borrower State

MN

Borrower Zip

55604-2331

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38186

Servicing Lender Name

Grand Marais State Bank

Servicing Lender Address

211 E Hwy 61

Servicing Lender City

GRAND MARAIS

Servicing Lender State

MN

Servicing Lender Zip

55604-4403

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Marais

Project County Name

COOK

Project State

MN

Project Zip

55604-2331

CD

MN-08

Jobs Reported

5

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62497.00

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

Corporation

Originating Lender Location Id

38186

Originating Lender

Grand Marais State Bank

Originating Lender City

GRAND MARAIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62769.10

Forgiveness Date

08/04/2021

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