PPP Loan information for Advancements in allergy and asthma care, ltd.

$401,900

Advancements in allergy and asthma care, ltd. was initially approved for PPP Loan of amount $401,900, the current approved amount is $401,900. The loan was approved on 04/08/2020 by The Alerus Financial, National Association reported 26 jobs and $401,900 was used to fund payroll.

Advancements in allergy and asthma care, ltd. is Existing or more than 2 years old

ADVANCEMENTS IN ALLERGY AND ASTHMA CARE, LTD.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANCEMENTS IN ALLERGY AND ASTHMA CARE, LTD.

Borrower Address

12450 Wayzata Blvd, Suite 215

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55305-1907

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401900.00

Current Approval Amount

401900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1907

CD

MN-03

Jobs Reported

26

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329900.00

Mortgage Interest Proceed

0.00

Rent Proceed

18600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53400.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

Forgiveness Amount

404311.40

Forgiveness Date

11/17/2020

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