PPP Loan information for Mankato area catholic schools, inc.

$506,500

Mankato area catholic schools, inc. was initially approved for PPP Loan of amount $506,500, the current approved amount is $506,500. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 82 jobs and $506,500 was used to fund payroll.

Mankato area catholic schools, inc. is Existing or more than 2 years old

MANKATO AREA CATHOLIC SCHOOLS, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANKATO AREA CATHOLIC SCHOOLS, INC.

Borrower Address

145 GOOD COUNSEL DR

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3146

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

506500.00

Current Approval Amount

506500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3146

CD

MN-01

Jobs Reported

82

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50650.00

Payroll Proceed

405200.00

Mortgage Interest Proceed

50650.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

510143.99

Forgiveness Date

12/28/2020

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