PPP Loan information for Human development center

$2,795,900

Human development center was initially approved for PPP Loan of amount $2,795,900, the current approved amount is $2,795,900. The loan was approved on 04/06/2020 by The Members Cooperative CU reported 250 jobs and $2,795,900 was used to fund payroll.

Human development center is Existing or more than 2 years old

HUMAN DEVELOPMENT CENTER

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HUMAN DEVELOPMENT CENTER

Borrower Address

1401 E 1st St

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55805-2407

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2795900.00

Current Approval Amount

2795900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99625

Servicing Lender Name

Members Cooperative CU

Servicing Lender Address

4628 Mike Colalillo Dr

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55805-2407

CD

MN-08

Jobs Reported

250

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

2645900.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

25000

Business Type

Non-Profit Organization

Originating Lender Location Id

99625

Originating Lender

Members Cooperative CU

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2829062.48

Forgiveness Date

06/15/2021

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