PPP Loan information for Shetek lutheran ministries

$72,400

Shetek lutheran ministries was initially approved for PPP Loan of amount $72,400, the current approved amount is $72,400. The loan was approved on 04/09/2020 by The Minnwest Bank reported 32 jobs and $72,400 was used to fund payroll.

Shetek lutheran ministries is Existing or more than 2 years old

SHETEK LUTHERAN MINISTRIES

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHETEK LUTHERAN MINISTRIES

Borrower Address

14 KEELEY ISLAND DR

Borrower City

SLAYTON

Borrower State

MN

Borrower Zip

56172-1923

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72400.00

Current Approval Amount

72400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLAYTON

Project County Name

MURRAY

Project State

MN

Project Zip

56172-1923

CD

MN-07

Jobs Reported

32

NAICS Code

721214

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72400.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

72844.32

Forgiveness Date

11/30/2020

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