PPP Loan information for Empowerment services of minnesota, inc.

$250,000

Empowerment services of minnesota, inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/15/2020 by The Park State Bank reported 47 jobs and $250,000 was used to fund payroll.

Empowerment services of minnesota, inc. is Existing or more than 2 years old

EMPOWERMENT SERVICES OF MINNESOTA, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EMPOWERMENT SERVICES OF MINNESOTA, INC.

Borrower Address

2305 3RD ST

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55812-1852

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

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

55812-1852

CD

MN-08

Jobs Reported

47

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

251916.67

Forgiveness Date

01/25/2021

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