PPP Loan information for Perham area activity center

$136,400

Perham area activity center was initially approved for PPP Loan of amount $136,400, the current approved amount is $136,400. The loan was approved on 04/09/2020 by The United Community Bank reported 72 jobs and $136,400 was used to fund payroll.

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

PPP Loan Search / MN / PERHAM / Perham area activity center

PERHAM AREA ACTIVITY CENTER

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PERHAM AREA ACTIVITY CENTER

Borrower Address

620 3RD AVE SE

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-1109

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136400.00

Current Approval Amount

136400.00

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

56573-1109

CD

MN-07

Jobs Reported

72

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

136400.00

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

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

137681.79

Forgiveness Date

03/29/2021

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