PPP Loan information for Bright futures learning center

$282,600

Bright futures learning center was initially approved for PPP Loan of amount $282,600, the current approved amount is $282,600. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 75 jobs and $282,600 was used to fund payroll.

Bright futures learning center is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Bright futures learning center

BRIGHT FUTURES LEARNING CENTER

Date Approved

04/11/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BRIGHT FUTURES LEARNING CENTER

Borrower Address

7920 Sagittarius Circle

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104-7914

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282600.00

Current Approval Amount

282600.00

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

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-7914

CD

ND-

Jobs Reported

75

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35325.00

Payroll Proceed

211950.00

Mortgage Interest Proceed

0.00

Rent Proceed

35325.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285685.05

Forgiveness Date

05/17/2021

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