PPP Loan information for Laura baker school association

$825,598

Laura baker school association was initially approved for PPP Loan of amount $825,598, the current approved amount is $825,598. The loan was approved on 04/05/2020 by The Merchants Bank, National Association reported 110 jobs and $825,598 was used to fund payroll.

Laura baker school association is Existing or more than 2 years old

PPP Loan Search / MN / NORTHFIELD / Laura baker school association

LAURA BAKER SCHOOL ASSOCIATION

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAURA BAKER SCHOOL ASSOCIATION

Borrower Address

OAK ST

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-2300

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

825598.00

Current Approval Amount

825598.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-2300

CD

MN-02

Jobs Reported

110

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

825598.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

831216.65

Forgiveness Date

12/15/2020

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