PPP Loan information for The rising phoenix

$47,000

The rising phoenix was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/14/2020 by The Wadena State Bank reported 9 jobs and $47,000 was used to fund payroll.

The rising phoenix is Existing or more than 2 years old

PPP Loan Search / MN / WADENA / The rising phoenix

THE RISING PHOENIX

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE RISING PHOENIX

Borrower Address

204 Bryant ave se

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-1437

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-1437

CD

MN-07

Jobs Reported

9

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47000.00

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

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

47340.75

Forgiveness Date

01/07/2021

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