PPP Loan information for Perham area activity center

$136,463

Perham area activity center was initially approved for PPP Loan of amount $136,463, the current approved amount is $136,463. The loan was approved on 01/28/2021 by The United Community Bank reported 11 jobs and $136,463 was used to fund payroll.

Perham area activity center is Existing or more than 2 years old

PERHAM AREA ACTIVITY CENTER

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PERHAM AREA ACTIVITY CENTER

Borrower Address

620 3rd Ave SE

Borrower City

Perham

Borrower State

MN

Borrower Zip

56573-1744

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136462.50

Current Approval Amount

136462.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perham

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1744

CD

MN-07

Jobs Reported

11

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

136460.50

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

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

137165.38

Forgiveness Date

08/06/2021

;