PPP Loan information for Mother of mercy

$1,126,444

Mother of mercy was initially approved for PPP Loan of amount $1,126,445, the current approved amount is $1,126,444. The loan was approved on 04/09/2020 by The Stearns Bank National Association reported 194 jobs and $1,126,444 was used to fund payroll.

Mother of mercy is Existing or more than 2 years old

PPP Loan Search / MN / ALBANY / Mother of mercy

MOTHER OF MERCY

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MOTHER OF MERCY

Borrower Address

230 CHURCH AVENUE

Borrower City

ALBANY

Borrower State

MN

Borrower Zip

56307-9489

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1126445.00

Current Approval Amount

1126444.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

STEARNS

Project State

MN

Project Zip

56307-9489

CD

MN-07

Jobs Reported

194

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

876444.00

Mortgage Interest Proceed

200000.00

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

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1140393.39

Forgiveness Date

07/13/2021

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