PPP Loan information for Rochester area foundation

$140,915

Rochester area foundation was initially approved for PPP Loan of amount $144,170, the current approved amount is $140,915. The loan was approved on 04/06/2020 by The Home Federal Savings Bank reported 9 jobs and $140,915 was used to fund payroll.

Rochester area foundation is Existing or more than 2 years old

ROCHESTER AREA FOUNDATION

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROCHESTER AREA FOUNDATION

Borrower Address

12 ELTON HILLS DR NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-3538

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144170.00

Current Approval Amount

140915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-3538

CD

MN-01

Jobs Reported

9

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140915.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

141733.09

Forgiveness Date

11/12/2020

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