PPP Loan information for Northwood deaconess health center

$1,563,200

Northwood deaconess health center was initially approved for PPP Loan of amount $1,563,200, the current approved amount is $1,563,200. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 175 jobs and $1,563,200 was used to fund payroll.

Northwood deaconess health center is Existing or more than 2 years old

PPP Loan Search / ND / NORTHWOOD / Northwood deaconess health center

NORTHWOOD DEACONESS HEALTH CENTER

Date Approved

04/11/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTHWOOD DEACONESS HEALTH CENTER

Borrower Address

4 N PARK ST

Borrower City

NORTHWOOD

Borrower State

ND

Borrower Zip

58267-4102

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1563200.00

Current Approval Amount

1563200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHWOOD

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58267-4102

CD

ND-

Jobs Reported

175

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

1323200.00

Mortgage Interest Proceed

30000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1572709.47

Forgiveness Date

11/27/2020

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