PPP Loan information for Freeman junior college & freeman academy

$222,500

Freeman junior college & freeman academy was initially approved for PPP Loan of amount $222,500, the current approved amount is $222,500. The loan was approved on 04/09/2020 by The Merchants State Bank reported 40 jobs and $222,500 was used to fund payroll.

Freeman junior college & freeman academy is Existing or more than 2 years old

FREEMAN JUNIOR COLLEGE & FREEMAN ACADEMY

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FREEMAN JUNIOR COLLEGE & FREEMAN ACADEMY

Borrower Address

748 MAIN ST

Borrower City

FREEMAN

Borrower State

SD

Borrower Zip

57029-2317

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222500.00

Current Approval Amount

222500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEMAN

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029-2317

CD

SD-

Jobs Reported

40

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222500.00

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

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

223779.37

Forgiveness Date

11/03/2020

;