PPP Loan information for Albert lea newspapers inc.

$178,103

Albert lea newspapers inc. was initially approved for PPP Loan of amount $178,103, the current approved amount is $178,103. The loan was approved on 01/22/2021 by The SmartBank reported 29 jobs and $178,103 was used to fund payroll.

Albert lea newspapers inc. is Existing or more than 2 years old

PPP Loan Search / MN / Albert Lea / Albert lea newspapers inc.

ALBERT LEA NEWSPAPERS INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALBERT LEA NEWSPAPERS INC.

Borrower Address

808 W Front St

Borrower City

Albert Lea

Borrower State

MN

Borrower Zip

56007-1947

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

178102.50

Current Approval Amount

178102.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albert Lea

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-1947

CD

MN-01

Jobs Reported

29

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

178097.50

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

Corporation

Originating Lender Location Id

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

146560.14

Forgiveness Date

06/03/2022

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