PPP Loan information for North lakes charter academy

$743,800

North lakes charter academy was initially approved for PPP Loan of amount $743,800, the current approved amount is $743,800. The loan was approved on 05/06/2020 by The First Resource Bank reported 73 jobs and $743,800 was used to fund payroll.

North lakes charter academy is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / North lakes charter academy

NORTH LAKES CHARTER ACADEMY

Date Approved

05/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH LAKES CHARTER ACADEMY

Borrower Address

308 15th St SW

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

743800.00

Current Approval Amount

743800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

73

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

656182.00

Mortgage Interest Proceed

0.00

Rent Proceed

87618.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

750382.12

Forgiveness Date

04/05/2021

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