PPP Loan information for Catholic eldercare

$2,600,000

Catholic eldercare was initially approved for PPP Loan of amount $2,600,000, the current approved amount is $2,600,000. The loan was approved on 04/08/2020 by The Northeast Bank reported 422 jobs and $2,600,000 was used to fund payroll.

Catholic eldercare is Existing or more than 2 years old

CATHOLIC ELDERCARE

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CATHOLIC ELDERCARE

Borrower Address

817 MAIN ST

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55413-1931

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2600000.00

Current Approval Amount

2600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55413-1931

CD

MN-05

Jobs Reported

422

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2600000.00

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

Non-Profit Organization

Originating Lender Location Id

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2629846.58

Forgiveness Date

06/11/2021

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