PPP Loan information for North house folk school

$158,350

North house folk school was initially approved for PPP Loan of amount $158,350, the current approved amount is $158,350. The loan was approved on 04/07/2020 by The Grand Marais State Bank reported 20 jobs and $158,350 was used to fund payroll.

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

NORTH HOUSE FOLK SCHOOL

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH HOUSE FOLK SCHOOL

Borrower Address

500 West Hwy 61

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604-0001

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158350.00

Current Approval Amount

158350.00

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

55604-0001

CD

MN-08

Jobs Reported

20

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158350.00

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

38186

Originating Lender

Grand Marais State Bank

Originating Lender City

GRAND MARAIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

159555.22

Forgiveness Date

01/13/2021

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