PPP Loan information for Young men's christian association

$354,000

Young men's christian association was initially approved for PPP Loan of amount $354,000, the current approved amount is $354,000. The loan was approved on 04/07/2020 by The Alerus Financial, National Association reported 147 jobs and $354,000 was used to fund payroll.

Young men's christian association is Existing or more than 2 years old

YOUNG MEN'S CHRISTIAN ASSOCIATION

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

YOUNG MEN'S CHRISTIAN ASSOCIATION

Borrower Address

215 North 7th Street

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58203-3668

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354000.00

Current Approval Amount

354000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-3668

CD

ND-

Jobs Reported

147

NAICS Code

624410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

44200.00

Payroll Proceed

265600.00

Mortgage Interest Proceed

0.00

Rent Proceed

44200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

357058.17

Forgiveness Date

02/22/2021

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