PPP Loan information for Red wing family ymca

$300,544

Red wing family ymca was initially approved for PPP Loan of amount $300,544, the current approved amount is $300,544. The loan was approved on 02/07/2021 by The First Farmers & Merchants Bank reported 62 jobs and $300,544 was used to fund payroll.

Red wing family ymca is Existing or more than 2 years old

RED WING FAMILY YMCA

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RED WING FAMILY YMCA

Borrower Address

434 Main St

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-2323

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300544.00

Current Approval Amount

300544.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Wing

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2323

CD

MN-01

Jobs Reported

62

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

300539.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

304275.75

Forgiveness Date

05/03/2022

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