PPP Loan information for The prophet corporation

$2,000,000

The prophet corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/31/2021 by The Home Federal Savings Bank reported 141 jobs and $2,000,000 was used to fund payroll.

The prophet corporation is Existing or more than 2 years old

PPP Loan Search / MN / Owatonna / The prophet corporation

THE PROPHET CORPORATION

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE PROPHET CORPORATION

Borrower Address

2525 Lemond St

Borrower City

Owatonna

Borrower State

MN

Borrower Zip

55060-5081

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Existing or more than 2 years old

Project City

Owatonna

Project County Name

STEELE

Project State

MN

Project Zip

55060-5081

CD

MN-01

Jobs Reported

141

NAICS Code

339920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020722.22

Forgiveness Date

02/25/2022

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