PPP Loan information for New richland care center

$541,675

New richland care center was initially approved for PPP Loan of amount $541,675, the current approved amount is $541,675. The loan was approved on 04/27/2020 by The State Bank of New Richland reported 91 jobs and $541,675 was used to fund payroll.

New richland care center is Existing or more than 2 years old

NEW RICHLAND CARE CENTER

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW RICHLAND CARE CENTER

Borrower Address

321 1st ST NE

Borrower City

NEW RICHLAND

Borrower State

MN

Borrower Zip

56072-2003

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

541675.00

Current Approval Amount

541675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38677

Servicing Lender Name

State Bank of New Richland

Servicing Lender Address

103 N Broadway Ave, North

Servicing Lender City

NEW RICHLAND

Servicing Lender State

MN

Servicing Lender Zip

56072

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW RICHLAND

Project County Name

WASECA

Project State

MN

Project Zip

56072-2003

CD

MN-01

Jobs Reported

91

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

541675.00

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

38677

Originating Lender

State Bank of New Richland

Originating Lender City

NEW RICHLAND

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

544353.28

Forgiveness Date

11/03/2020

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