PPP Loan information for Hubbard county developmental achievement center

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HUBBARD COUNTY DEVELOPMENTAL ACHIEVEMENT CENTER

Borrower Address

109 PLEASANT AVE

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1414

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

329400.00

Current Approval Amount

329400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1414

CD

MN-07

Jobs Reported

44

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329400.00

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

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

321183.32

Forgiveness Date

11/03/2020