PPP Loan information for Wadena eye clinic, ltd

$113,700

Wadena eye clinic, ltd was initially approved for PPP Loan of amount $113,700, the current approved amount is $113,700. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 9 jobs and $113,700 was used to fund payroll.

Wadena eye clinic, ltd is Existing or more than 2 years old

WADENA EYE CLINIC, LTD

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WADENA EYE CLINIC, LTD

Borrower Address

222 1ST ST SE

Borrower City

Wadena

Borrower State

MN

Borrower Zip

56482-1319

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113700.00

Current Approval Amount

113700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

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

56482-1319

CD

MN-07

Jobs Reported

9

NAICS Code

622310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7500.00

Payroll Proceed

97900.00

Mortgage Interest Proceed

0.00

Rent Proceed

8300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115030.13

Forgiveness Date

06/16/2021

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