PPP Loan information for Ortonville area health services

$2,521,431

Ortonville area health services was initially approved for PPP Loan of amount $2,521,431, the current approved amount is $2,521,431. The loan was approved on 04/28/2020 by The Frandsen Bank & Trust reported 286 jobs and $2,521,431 was used to fund payroll.

Ortonville area health services is Existing or more than 2 years old

ORTONVILLE AREA HEALTH SERVICES

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ORTONVILLE AREA HEALTH SERVICES

Borrower Address

450 Eastvold Avenue

Borrower City

ORTONVILLE

Borrower State

MN

Borrower Zip

56278

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2521431.00

Current Approval Amount

2521431.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORTONVILLE

Project County Name

BIG STONE

Project State

MN

Project Zip

56278-0001

CD

MN-07

Jobs Reported

286

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

252143.00

Payroll Proceed

1891074.00

Mortgage Interest Proceed

378214.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2549063.12

Forgiveness Date

06/11/2021

;