PPP Loan information for St. john's area school

$74,500

St. john's area school was initially approved for PPP Loan of amount $74,500, the current approved amount is $74,500. The loan was approved on 04/30/2020 by The Frandsen Bank & Trust reported 12 jobs and $74,500 was used to fund payroll.

St. john's area school is Existing or more than 2 years old

ST. JOHN'S AREA SCHOOL

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ST. JOHN'S AREA SCHOOL

Borrower Address

215 7TH AVE S PO BOX 368

Borrower City

FOLEY

Borrower State

MN

Borrower Zip

56329

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74500.00

Current Approval Amount

74500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BENTON

Project State

MN

Project Zip

56329-0001

CD

MN-06

Jobs Reported

12

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7405.00

Payroll Proceed

55910.00

Mortgage Interest Proceed

11185.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

74889.85

Forgiveness Date

11/17/2020

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