PPP Loan information for North house folk school

$155,793

North house folk school was initially approved for PPP Loan of amount $155,793, the current approved amount is $155,793. The loan was approved on 01/16/2021 by The Grand Marais State Bank reported 14 jobs and $155,793 was used to fund payroll.

North house folk school is Existing or more than 2 years old

NORTH HOUSE FOLK SCHOOL

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTH HOUSE FOLK SCHOOL

Borrower Address

500 W Highway 61

Borrower City

Grand Marais

Borrower State

MN

Borrower Zip

55604-2348

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155792.50

Current Approval Amount

155792.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38186

Servicing Lender Name

Grand Marais State Bank

Servicing Lender Address

211 E Hwy 61

Servicing Lender City

GRAND MARAIS

Servicing Lender State

MN

Servicing Lender Zip

55604-4403

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Marais

Project County Name

COOK

Project State

MN

Project Zip

55604-2348

CD

MN-08

Jobs Reported

14

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155792.50

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

38186

Originating Lender

Grand Marais State Bank

Originating Lender City

GRAND MARAIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

156554.15

Forgiveness Date

07/21/2021

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