PPP Loan information for Laurel academy early learning center

$173,900

Laurel academy early learning center was initially approved for PPP Loan of amount $173,900, the current approved amount is $173,900. The loan was approved on 04/06/2020 by The The Bank of Elk River reported 25 jobs and $173,900 was used to fund payroll.

Laurel academy early learning center is New Business or 2 years or less

LAUREL ACADEMY EARLY LEARNING CENTER

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAUREL ACADEMY EARLY LEARNING CENTER

Borrower Address

6558 LAKETOWNE PL

Borrower City

ALBERTVILLE

Borrower State

MN

Borrower Zip

55301-6500

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173900.00

Current Approval Amount

173900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALBERTVILLE

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-6500

CD

MN-06

Jobs Reported

25

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

173900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

164807.06

Forgiveness Date

11/03/2020

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