PPP Loan information for Prairie senior cottages of new ulm, llc

$117,200

Prairie senior cottages of new ulm, llc was initially approved for PPP Loan of amount $117,200, the current approved amount is $117,200. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 27 jobs and $117,200 was used to fund payroll.

Prairie senior cottages of new ulm, llc is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Prairie senior cottages of new ulm, llc

PRAIRIE SENIOR COTTAGES OF NEW ULM, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRAIRIE SENIOR COTTAGES OF NEW ULM, LLC

Borrower Address

1304 BIRCHWOOD DR

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-1063

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117200.00

Current Approval Amount

117200.00

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

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-1063

CD

MN-01

Jobs Reported

27

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11720.00

Payroll Proceed

93760.00

Mortgage Interest Proceed

11720.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

118251.54

Forgiveness Date

03/01/2021

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