PPP Loan information for Phoenix alternatives, inc.

$759,700

Phoenix alternatives, inc. was initially approved for PPP Loan of amount $759,700, the current approved amount is $759,700. The loan was approved on 04/12/2020 by The MidCountry Bank reported 112 jobs and $759,700 was used to fund payroll.

Phoenix alternatives, inc. is Existing or more than 2 years old

PPP Loan Search / MN / White Bear Lake / Phoenix alternatives, inc.

PHOENIX ALTERNATIVES, INC.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PHOENIX ALTERNATIVES, INC.

Borrower Address

3700 HIGHWAY 61 N SUITE 200

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-4132

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

759700.00

Current Approval Amount

759700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-4132

CD

MN-04

Jobs Reported

112

NAICS Code

624120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16000.00

Payroll Proceed

626700.00

Mortgage Interest Proceed

0.00

Rent Proceed

27000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

764965.87

Forgiveness Date

12/31/2020

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