PPP Loan information for Minnesota transitions charter school

$2,557,100

Minnesota transitions charter school was initially approved for PPP Loan of amount $2,557,100, the current approved amount is $2,557,100. The loan was approved on 04/14/2020 by The Choice Financial Group reported 226 jobs and $2,557,100 was used to fund payroll.

Minnesota transitions charter school is Existing or more than 2 years old

MINNESOTA TRANSITIONS CHARTER SCHOOL

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA TRANSITIONS CHARTER SCHOOL

Borrower Address

2872 26th Ave S

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55406-1529

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2557100.00

Current Approval Amount

2557100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55406-1529

CD

MN-05

Jobs Reported

226

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2557100.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2589466.58

Forgiveness Date

07/30/2021

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