PPP Loan information for Itasca economic development corporation

$55,717

Itasca economic development corporation was initially approved for PPP Loan of amount $55,717, the current approved amount is $55,717. The loan was approved on 01/29/2021 by The Deerwood Bank reported 5 jobs and $55,717 was used to fund payroll.

Itasca economic development corporation is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Itasca economic development corporation

ITASCA ECONOMIC DEVELOPMENT CORPORATION

Date Approved

01/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ITASCA ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

12 NW 3rd St

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-2711

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55717.00

Current Approval Amount

55717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2711

CD

MN-08

Jobs Reported

5

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55717.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

56004.87

Forgiveness Date

08/09/2021

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