PPP Loan information for Health systems cooperative laundries

$2,817,600

Health systems cooperative laundries was initially approved for PPP Loan of amount $2,817,600, the current approved amount is $2,817,600. The loan was approved on 04/08/2020 by The Bremer Bank, National Association reported 327 jobs and $2,817,600 was used to fund payroll.

Health systems cooperative laundries is Existing or more than 2 years old

HEALTH SYSTEMS COOPERATIVE LAUNDRIES

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HEALTH SYSTEMS COOPERATIVE LAUNDRIES

Borrower Address

55 East 5th Street Suite 960

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55101

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2817600.00

Current Approval Amount

2817600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55101-0002

CD

MN-04

Jobs Reported

327

NAICS Code

812331

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2817600.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2846239.17

Forgiveness Date

04/21/2021

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