PPP Loan information for Minnesota quality care inc

$1,860,600

Minnesota quality care inc was initially approved for PPP Loan of amount $1,860,600, the current approved amount is $1,860,600. The loan was approved on 04/14/2020 by The Bridgewater Bank reported 482 jobs and $1,860,600 was used to fund payroll.

Minnesota quality care inc is Existing or more than 2 years old

MINNESOTA QUALITY CARE INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA QUALITY CARE INC

Borrower Address

1421 PARK AVE S SUITE 104

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55404-1579

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1860600.00

Current Approval Amount

1860600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55404-1579

CD

MN-05

Jobs Reported

482

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

964.00

Payroll Proceed

1848636.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1876912.11

Forgiveness Date

03/10/2021

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