PPP Loan information for Rochester stem academy

$205,200

Rochester stem academy was initially approved for PPP Loan of amount $205,200, the current approved amount is $205,200. The loan was approved on 04/07/2020 by The Choice Financial Group reported 22 jobs and $205,200 was used to fund payroll.

Rochester stem academy is Existing or more than 2 years old

ROCHESTER STEM ACADEMY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROCHESTER STEM ACADEMY

Borrower Address

415 16TH ST SW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55902-1931

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205200.00

Current Approval Amount

205200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

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

55902-1931

CD

MN-01

Jobs Reported

22

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205200.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

206605.48

Forgiveness Date

12/30/2020

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