PPP Loan information for Young men's christian association of mankato inc

$493,285

Young men's christian association of mankato inc was initially approved for PPP Loan of amount $493,285, the current approved amount is $493,285. The loan was approved on 04/07/2020 by The Frandsen Bank & Trust reported 231 jobs and $493,285 was used to fund payroll.

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

YOUNG MEN'S CHRISTIAN ASSOCIATION OF MANKATO INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

YOUNG MEN'S CHRISTIAN ASSOCIATION OF MANKATO INC

Borrower Address

1401 S Riverfront Dr

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-2413

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

493285.00

Current Approval Amount

493285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-2413

CD

MN-01

Jobs Reported

231

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

98657.00

Payroll Proceed

394628.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

498123.25

Forgiveness Date

04/12/2021

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