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 06/16/2020 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

GRAND MARAIS ARTS, INC.

Date Approved

06/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRAND MARAIS ARTS, INC.

Borrower Address

120 3rd Ave West PO Box 626

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604-2331

Loan Status Date

01/21/2021

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

0.00

Payroll Proceed

62500.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62836.81

Forgiveness Date

12/31/2020

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