PPP Loan information for Central minnesota educational research & development council

$723,800

Central minnesota educational research & development council was initially approved for PPP Loan of amount $723,800, the current approved amount is $723,800. The loan was approved on 04/07/2020 by The Falcon National Bank reported 51 jobs and $723,800 was used to fund payroll.

Central minnesota educational research & development council is Existing or more than 2 years old

PPP Loan Search / MN / SAINT CLOUD / Central minnesota educational research & development council

CENTRAL MINNESOTA EDUCATIONAL RESEARCH & DEVELOPMENT COUNCIL

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CENTRAL MINNESOTA EDUCATIONAL RESEARCH & DEVELOPMENT COUNCIL

Borrower Address

570 1ST ST

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56304-0800

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

723800.00

Current Approval Amount

723800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

BENTON

Project State

MN

Project Zip

56304-0800

CD

MN-06

Jobs Reported

51

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

723800.00

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

Cooperative

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

718376.14

Forgiveness Date

12/08/2020

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