PPP Loan information for Room for growing, inc.

$539,300

Room for growing, inc. was initially approved for PPP Loan of amount $539,300, the current approved amount is $539,300. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 87 jobs and $539,300 was used to fund payroll.

Room for growing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Room for growing, inc.

ROOM FOR GROWING, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROOM FOR GROWING, INC.

Borrower Address

268 SW 12th Street

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539300.00

Current Approval Amount

539300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

87

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33706.25

Payroll Proceed

404475.00

Mortgage Interest Proceed

33706.25

Rent Proceed

33706.25

Refinance EIDL Proceed

0.00

Health Care Proceed

33706.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

543254.87

Forgiveness Date

01/07/2021

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