PPP Loan information for Rochester arts & sciences academy foundation

$141,900

Rochester arts & sciences academy foundation was initially approved for PPP Loan of amount $141,900, the current approved amount is $141,900. The loan was approved on 04/27/2020 by The F & M Community Bank, National Association reported 18 jobs and $141,900 was used to fund payroll.

Rochester arts & sciences academy foundation is Existing or more than 2 years old

ROCHESTER ARTS & SCIENCES ACADEMY FOUNDATION

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROCHESTER ARTS & SCIENCES ACADEMY FOUNDATION

Borrower Address

974 SKYLINE DR SW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902-1217

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141900.00

Current Approval Amount

141900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

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

55902-1217

CD

MN-01

Jobs Reported

18

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

106900.00

Mortgage Interest Proceed

0.00

Rent Proceed

33000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

142770.84

Forgiveness Date

12/10/2020

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