PPP Loan information for Red wing youth outreach inc

$42,572

Red wing youth outreach inc was initially approved for PPP Loan of amount $42,572, the current approved amount is $42,572. The loan was approved on 03/04/2021 by The First Farmers & Merchants Bank reported 7 jobs and $42,572 was used to fund payroll.

Red wing youth outreach inc is Existing or more than 2 years old

RED WING YOUTH OUTREACH INC

Date Approved

03/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RED WING YOUTH OUTREACH INC

Borrower Address

410 Guernsey Ln

Borrower City

Red Wing

Borrower State

MN

Borrower Zip

55066-7448

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42572.00

Current Approval Amount

42572.00

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

55066-7448

CD

MN-01

Jobs Reported

7

NAICS Code

813319

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42567.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

42791.96

Forgiveness Date

09/08/2021

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