PPP Loan information for The children's center

$166,732

The children's center was initially approved for PPP Loan of amount $167,685, the current approved amount is $166,732. The loan was approved on 04/07/2020 by The Home Federal Savings Bank reported 36 jobs and $166,732 was used to fund payroll.

The children's center is New Business or 2 years or less

PPP Loan Search / MN / ALBERT LEA / The children's center

THE CHILDREN'S CENTER

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE CHILDREN'S CENTER

Borrower Address

605 JAMES AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-2914

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167685.00

Current Approval Amount

166732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-2914

CD

MN-01

Jobs Reported

36

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166732.00

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 Childcare Center

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

168033.44

Forgiveness Date

01/20/2021

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