PPP Loan information for Burnsville learning center inc

$125,000

Burnsville learning center inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/15/2020 by The Magnifi Financial CU reported 30 jobs and $125,000 was used to fund payroll.

Burnsville learning center inc is Existing or more than 2 years old

BURNSVILLE LEARNING CENTER INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BURNSVILLE LEARNING CENTER INC

Borrower Address

12190 COUNTY ROAD 11

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-3018

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-3018

CD

MN-02

Jobs Reported

30

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101997.29

Forgiveness Date

11/25/2020

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