PPP Loan information for Minnetonka center for the arts

$163,400

Minnetonka center for the arts was initially approved for PPP Loan of amount $163,400, the current approved amount is $163,400. The loan was approved on 04/04/2020 by The Highland Bank reported 46 jobs and $163,400 was used to fund payroll.

Minnetonka center for the arts is New Business or 2 years or less

MINNETONKA CENTER FOR THE ARTS

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNETONKA CENTER FOR THE ARTS

Borrower Address

2240 North Shore Drive

Borrower City

WAYZATA

Borrower State

MN

Borrower Zip

55391-9127

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163400.00

Current Approval Amount

163400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WAYZATA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-9127

CD

MN-03

Jobs Reported

46

NAICS Code

611610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163400.00

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

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

164483.36

Forgiveness Date

01/06/2021

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