PPP Loan information for Possabilities of southern minnesota

$783,433

Possabilities of southern minnesota was initially approved for PPP Loan of amount $783,433, the current approved amount is $783,433. The loan was approved on 01/22/2021 by The ONB Bank reported 146 jobs and $783,433 was used to fund payroll.

Possabilities of southern minnesota is Existing or more than 2 years old

POSSABILITIES OF SOUTHERN MINNESOTA

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

POSSABILITIES OF SOUTHERN MINNESOTA

Borrower Address

1808 3rd Ave SE

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55904-7948

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

783433.00

Current Approval Amount

783433.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120125

Servicing Lender Name

ONB Bank

Servicing Lender Address

975 34th Ave NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-6600

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-7948

CD

MN-01

Jobs Reported

146

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

783427.00

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

120125

Originating Lender

ONB Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

787197.83

Forgiveness Date

07/21/2021

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