PPP Loan information for Wadena medical center ltd

$187,500

Wadena medical center ltd was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/28/2020 by The Wadena State Bank reported 9 jobs and $187,500 was used to fund payroll.

Wadena medical center ltd is Existing or more than 2 years old

PPP Loan Search / MN / WADENA / Wadena medical center ltd

WADENA MEDICAL CENTER LTD

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WADENA MEDICAL CENTER LTD

Borrower Address

4 NW Deerwood Ave

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-1296

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

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

N

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

56482-1296

CD

MN-07

Jobs Reported

9

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187500.00

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

Subchapter S Corporation

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

Forgiveness Amount

188651.04

Forgiveness Date

12/09/2020

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