PPP Loan information for Luther memorial home

$1,494,800

Luther memorial home was initially approved for PPP Loan of amount $1,494,800, the current approved amount is $1,494,800. The loan was approved on 04/08/2020 by The First State Bank reported 231 jobs and $1,494,800 was used to fund payroll.

Luther memorial home is Existing or more than 2 years old

PPP Loan Search / ND / MAYVILLE / Luther memorial home

LUTHER MEMORIAL HOME

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LUTHER MEMORIAL HOME

Borrower Address

750 Main Street East

Borrower City

MAYVILLE

Borrower State

ND

Borrower Zip

58257-1606

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1494800.00

Current Approval Amount

1494800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52691

Servicing Lender Name

First State Bank

Servicing Lender Address

423 Broadway

Servicing Lender City

BUXTON

Servicing Lender State

ND

Servicing Lender Zip

58218

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAYVILLE

Project County Name

TRAILL

Project State

ND

Project Zip

58257-1606

CD

ND-

Jobs Reported

231

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1494800.00

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

52691

Originating Lender

First State Bank

Originating Lender City

BUXTON

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1505554.26

Forgiveness Date

12/31/2020

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