PPP Loan information for Prairie restorations, incorporated

$900,700

Prairie restorations, incorporated was initially approved for PPP Loan of amount $900,700, the current approved amount is $900,700. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 80 jobs and $900,700 was used to fund payroll.

Prairie restorations, incorporated is Existing or more than 2 years old

PRAIRIE RESTORATIONS, INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRAIRIE RESTORATIONS, INCORPORATED

Borrower Address

31646 128TH STNW

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-3305

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900700.00

Current Approval Amount

900700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-3305

CD

MN-06

Jobs Reported

80

NAICS Code

561730

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

140904.00

Payroll Proceed

708864.00

Mortgage Interest Proceed

0.00

Rent Proceed

50932.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

907486.10

Forgiveness Date

01/14/2021

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