PPP Loan information for Boys' club of duluth, inc

$200,880

Boys' club of duluth, inc was initially approved for PPP Loan of amount $200,880, the current approved amount is $200,880. The loan was approved on 04/10/2020 by The Western National Bank reported 45 jobs and $200,880 was used to fund payroll.

Boys' club of duluth, inc is Existing or more than 2 years old

BOYS' CLUB OF DULUTH, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BOYS' CLUB OF DULUTH, INC

Borrower Address

102 S 29th Ave W

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55806-1700

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200880.00

Current Approval Amount

200880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36821

Servicing Lender Name

Western National Bank

Servicing Lender Address

201 N Central Ave

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55806-1700

CD

MN-08

Jobs Reported

45

NAICS Code

624110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10880.00

Payroll Proceed

175000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36821

Originating Lender

Western National Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

202012.74

Forgiveness Date

11/03/2020

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