PPP Loan information for Brookings economic development corporation

$70,600

Brookings economic development corporation was initially approved for PPP Loan of amount $70,600, the current approved amount is $70,600. The loan was approved on 02/04/2021 by The First Bank & Trust reported 5 jobs and $70,600 was used to fund payroll.

Brookings economic development corporation is Existing or more than 2 years old

BROOKINGS ECONOMIC DEVELOPMENT CORPORATION

Date Approved

02/04/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

BROOKINGS ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

2301 Research Park Way Ste 113

Borrower City

Brookings

Borrower State

SD

Borrower Zip

57006-1723

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70600.00

Current Approval Amount

70600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookings

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-1723

CD

SD-

Jobs Reported

5

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70596.00

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)6 – Non Profit Membership

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

70835.33

Forgiveness Date

06/14/2021

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