PPP Loan information for Gerrells sports center

$31,875

Gerrells sports center was initially approved for PPP Loan of amount $31,875, the current approved amount is $31,875. The loan was approved on 04/28/2020 by The Frandsen Bank & Trust reported 3 jobs and $31,875 was used to fund payroll.

Gerrells sports center is Existing or more than 2 years old

GERRELLS SPORTS CENTER

Date Approved

04/28/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GERRELLS SPORTS CENTER

Borrower Address

1004 SOUTH WASHINGTON

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31875.00

Current Approval Amount

31875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-0001

CD

ND-

Jobs Reported

3

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3185.00

Payroll Proceed

23910.00

Mortgage Interest Proceed

4780.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21991.87

Forgiveness Date

11/19/2020

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