PPP Loan information for Reif arts council

$88,985

Reif arts council was initially approved for PPP Loan of amount $88,985, the current approved amount is $88,985. The loan was approved on 04/03/2021 by The Grand Rapids State Bank reported 11 jobs and $88,985 was used to fund payroll.

Reif arts council is Existing or more than 2 years old

REIF ARTS COUNCIL

Date Approved

04/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

REIF ARTS COUNCIL

Borrower Address

720 NW Conifer Dr

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-2475

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88985.00

Current Approval Amount

88985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2475

CD

MN-08

Jobs Reported

11

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88985.00

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

89222.29

Forgiveness Date

07/14/2021

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