PPP Loan information for Arcadia charter school

$258,209

Arcadia charter school was initially approved for PPP Loan of amount $258,209, the current approved amount is $258,209. The loan was approved on 02/25/2021 by The Community Resource Bank reported 30 jobs and $258,209 was used to fund payroll.

Arcadia charter school is Existing or more than 2 years old

ARCADIA CHARTER SCHOOL

Date Approved

02/25/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARCADIA CHARTER SCHOOL

Borrower Address

1719 Cannon Rd

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-1680

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258209.00

Current Approval Amount

258209.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38698

Servicing Lender Name

Community Resource Bank

Servicing Lender Address

1605 Heritage Dr

Servicing Lender City

NORTHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55057-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-1680

CD

MN-02

Jobs Reported

30

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258209.00

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

38698

Originating Lender

Community Resource Bank

Originating Lender City

NORTHFIELD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

260030.81

Forgiveness Date

11/19/2021

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