PPP Loan information for Occupational development center, inc

$979,500

Occupational development center, inc was initially approved for PPP Loan of amount $869,500, the current approved amount is $979,500. The loan was approved on 04/04/2020 by The Midwest Bank reported 91 jobs and $979,500 was used to fund payroll.

Occupational development center, inc is Existing or more than 2 years old

OCCUPATIONAL DEVELOPMENT CENTER, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OCCUPATIONAL DEVELOPMENT CENTER, INC

Borrower Address

1520 Hwy 32 S

Borrower City

THIEF RIVER FALLS

Borrower State

MN

Borrower Zip

56701-4508

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869500.00

Current Approval Amount

979500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THIEF RIVER FALLS

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701-4508

CD

MN-07

Jobs Reported

91

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

979500.00

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

Professional Association

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

943961.87

Forgiveness Date

11/10/2020

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