PPP Loan information for Duluth nursing and rehabilitation center

$1,284,250

Duluth nursing and rehabilitation center was initially approved for PPP Loan of amount $1,284,250, the current approved amount is $1,284,250. The loan was approved on 04/13/2020 by The Valley National Bank reported 131 jobs and $1,284,250 was used to fund payroll.

Duluth nursing and rehabilitation center is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Duluth nursing and rehabilitation center

DULUTH NURSING AND REHABILITATION CENTER

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DULUTH NURSING AND REHABILITATION CENTER

Borrower Address

1601 St Louis Ave

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802-2442

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1284250.00

Current Approval Amount

1284250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-2442

CD

MN-08

Jobs Reported

131

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64215.00

Payroll Proceed

963175.00

Mortgage Interest Proceed

256860.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1299304.26

Forgiveness Date

06/11/2021

;