PPP Loan information for Groves academy

$1,674,000

Groves academy was initially approved for PPP Loan of amount $1,674,000, the current approved amount is $1,674,000. The loan was approved on 04/09/2020 by The Woodlands National Bank reported 132 jobs and $1,674,000 was used to fund payroll.

Groves academy is Existing or more than 2 years old

PPP Loan Search / MN / St Louis Park / Groves academy

GROVES ACADEMY

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GROVES ACADEMY

Borrower Address

3200 HIGHWAY 100 S

Borrower City

St Louis Park

Borrower State

MN

Borrower Zip

55416-2175

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1674000.00

Current Approval Amount

1674000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38241

Servicing Lender Name

Woodlands National Bank

Servicing Lender Address

122 E Main St

Servicing Lender City

HINCKLEY

Servicing Lender State

MN

Servicing Lender Zip

55037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St Louis Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55416-2175

CD

MN-05

Jobs Reported

132

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1674000.00

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

Non-Profit Organization

Originating Lender Location Id

38241

Originating Lender

Woodlands National Bank

Originating Lender City

HINCKLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1683067.50

Forgiveness Date

11/03/2020

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