PPP Loan information for Cannon river stem school

$440,937

Cannon river stem school was initially approved for PPP Loan of amount $440,937, the current approved amount is $440,937. The loan was approved on 04/24/2021 by The The State Bank of Faribault reported 51 jobs and $440,937 was used to fund payroll.

Cannon river stem school is Existing or more than 2 years old

CANNON RIVER STEM SCHOOL

Date Approved

04/24/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CANNON RIVER STEM SCHOOL

Borrower Address

1800 14th St NE

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-2508

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

440937.00

Current Approval Amount

440937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-2508

CD

MN-01

Jobs Reported

51

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

440935.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

442419.04

Forgiveness Date

08/30/2021

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