PPP Loan information for Prairie senior cottages of albert lea l

$138,600

Prairie senior cottages of albert lea l was initially approved for PPP Loan of amount $138,600, the current approved amount is $138,600. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 31 jobs and $138,600 was used to fund payroll.

Prairie senior cottages of albert lea l is Existing or more than 2 years old

PPP Loan Search / MN / ALBERT LEA / Prairie senior cottages of albert lea l

PRAIRIE SENIOR COTTAGES OF ALBERT LEA L

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRAIRIE SENIOR COTTAGES OF ALBERT LEA L

Borrower Address

1602 FOUNTAIN ST

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-1667

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138600.00

Current Approval Amount

138600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1667

CD

MN-01

Jobs Reported

31

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13860.00

Payroll Proceed

110880.00

Mortgage Interest Proceed

13860.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139843.55

Forgiveness Date

03/01/2021

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