PPP Loan information for Montevideo area youth center

$6,200

Montevideo area youth center was initially approved for PPP Loan of amount $6,200, the current approved amount is $6,200. The loan was approved on 04/28/2020 by The Minnwest Bank reported 6 jobs and $6,200 was used to fund payroll.

Montevideo area youth center is Existing or more than 2 years old

MONTEVIDEO AREA YOUTH CENTER

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MONTEVIDEO AREA YOUTH CENTER

Borrower Address

802 N 2ND ST

Borrower City

MONTEVIDEO

Borrower State

MN

Borrower Zip

56265-1384

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6200.00

Current Approval Amount

6200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTEVIDEO

Project County Name

CHIPPEWA

Project State

MN

Project Zip

56265-1384

CD

MN-07

Jobs Reported

6

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6200.00

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

6239.92

Forgiveness Date

12/22/2020

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