PPP Loan information for Oak terrace senior housing of lesueur, llc

$260,700

Oak terrace senior housing of lesueur, llc was initially approved for PPP Loan of amount $260,700, the current approved amount is $260,700. The loan was approved on 04/03/2020 by The ProGrowth Bank reported 33 jobs and $260,700 was used to fund payroll.

Oak terrace senior housing of lesueur, llc is Existing or more than 2 years old

PPP Loan Search / MN / LE SUEUR / Oak terrace senior housing of lesueur, llc

OAK TERRACE SENIOR HOUSING OF LESUEUR, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OAK TERRACE SENIOR HOUSING OF LESUEUR, LLC

Borrower Address

811 South 4th Street

Borrower City

LE SUEUR

Borrower State

MN

Borrower Zip

56058-2302

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260700.00

Current Approval Amount

260700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38693

Servicing Lender Name

ProGrowth Bank

Servicing Lender Address

703 3rd St

Servicing Lender City

NICOLLET

Servicing Lender State

MN

Servicing Lender Zip

56074-6074

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LE SUEUR

Project County Name

LE SUEUR

Project State

MN

Project Zip

56058-2302

CD

MN-02

Jobs Reported

33

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

208500.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17200.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38693

Originating Lender

ProGrowth Bank

Originating Lender City

NICOLLET

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262959.40

Forgiveness Date

02/22/2021

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