PPP Loan information for Smart choice health care corporation

$930,500

Smart choice health care corporation was initially approved for PPP Loan of amount $930,500, the current approved amount is $930,500. The loan was approved on 04/12/2020 by The Altra FCU reported 176 jobs and $930,500 was used to fund payroll.

Smart choice health care corporation is New Business or 2 years or less

SMART CHOICE HEALTH CARE CORPORATION

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SMART CHOICE HEALTH CARE CORPORATION

Borrower Address

4 12th Street NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-6233

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

930500.00

Current Approval Amount

930500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108443

Servicing Lender Name

Altra FCU

Servicing Lender Address

1700 Oak Forest Dr

Servicing Lender City

ONALASKA

Servicing Lender State

WI

Servicing Lender Zip

54650-3500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-6233

CD

MN-01

Jobs Reported

176

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

930500.00

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

Corporation

Originating Lender Location Id

108443

Originating Lender

Altra FCU

Originating Lender City

ONALASKA

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

937659.68

Forgiveness Date

01/20/2021

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