PPP Loan information for Meristem family wealth, llc

$865,600

Meristem family wealth, llc was initially approved for PPP Loan of amount $865,600, the current approved amount is $865,600. The loan was approved on 04/03/2020 by The Park State Bank reported 42 jobs and $865,600 was used to fund payroll.

Meristem family wealth, llc is Existing or more than 2 years old

PPP Loan Search / MN / Minnetonka / Meristem family wealth, llc

MERISTEM FAMILY WEALTH, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERISTEM FAMILY WEALTH, LLC

Borrower Address

701 Carlson Parkway, Ste 1400

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55305-0011

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

865600.00

Current Approval Amount

865600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-0011

CD

MN-03

Jobs Reported

42

NAICS Code

523920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

800000.00

Mortgage Interest Proceed

0.00

Rent Proceed

65600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

870461.59

Forgiveness Date

11/05/2020

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