PPP Loan information for American lutheran homes inc

$5,133,200

American lutheran homes inc was initially approved for PPP Loan of amount $5,133,200, the current approved amount is $5,133,200. The loan was approved on 04/30/2021 by The Alerus Financial, National Association reported 500 jobs and $5,133,200 was used to fund payroll.

American lutheran homes inc is Existing or more than 2 years old

PPP Loan Search / ND / Fargo / American lutheran homes inc

AMERICAN LUTHERAN HOMES INC

Date Approved

04/30/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

AMERICAN LUTHERAN HOMES INC

Borrower Address

201 University Dr S

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-1775

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5133200.00

Current Approval Amount

5133200.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58103-1775

CD

ND-

Jobs Reported

500

NAICS Code

523110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

5133198.00

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

501(c)3 – Non Profit

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5157440.11

Forgiveness Date

10/25/2021

;