PPP Loan information for Faribault lutheran school

$135,900

Faribault lutheran school was initially approved for PPP Loan of amount $135,900, the current approved amount is $135,900. The loan was approved on 04/09/2020 by The 1st United Bank reported 14 jobs and $135,900 was used to fund payroll.

Faribault lutheran school is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Faribault lutheran school

FARIBAULT LUTHERAN SCHOOL

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FARIBAULT LUTHERAN SCHOOL

Borrower Address

526 4TH STREET NW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4227

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135900.00

Current Approval Amount

135900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

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

55021-4227

CD

MN-01

Jobs Reported

14

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124289.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11611.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

137077.80

Forgiveness Date

02/24/2021

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