PPP Loan information for Luverne area community foundation

$11,200

Luverne area community foundation was initially approved for PPP Loan of amount $11,200, the current approved amount is $11,200. The loan was approved on 04/10/2020 by The Minnwest Bank reported 2 jobs and $11,200 was used to fund payroll.

Luverne area community foundation is Existing or more than 2 years old

LUVERNE AREA COMMUNITY FOUNDATION

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LUVERNE AREA COMMUNITY FOUNDATION

Borrower Address

102 MAIN ST

Borrower City

LUVERNE

Borrower State

MN

Borrower Zip

56156-1831

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11200.00

Current Approval Amount

11200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUVERNE

Project County Name

ROCK

Project State

MN

Project Zip

56156-1831

CD

MN-01

Jobs Reported

2

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11200.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

11278.86

Forgiveness Date

12/31/2020

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