PPP Loan information for Life house

$250,000

Life house was initially approved for PPP Loan of amount $376,250, the current approved amount is $250,000. The loan was approved on 04/07/2020 by The North Shore Bank of Commerce reported 38 jobs and $250,000 was used to fund payroll.

Life house is Existing or more than 2 years old

LIFE HOUSE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LIFE HOUSE

Borrower Address

102 W 1st Street

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802-2006

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

376250.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36809

Servicing Lender Name

North Shore Bank of Commerce

Servicing Lender Address

131 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55802-3026

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-2006

CD

MN-08

Jobs Reported

38

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

36809

Originating Lender

North Shore Bank of Commerce

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251923.61

Forgiveness Date

01/20/2021

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