PPP Loan information for Northfield montessori

$224,665

Northfield montessori was initially approved for PPP Loan of amount $224,665, the current approved amount is $224,665. The loan was approved on 01/27/2021 by The Merchants Bank, National Association reported 40 jobs and $224,665 was used to fund payroll.

Northfield montessori is Existing or more than 2 years old

NORTHFIELD MONTESSORI

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHFIELD MONTESSORI

Borrower Address

340 Montessori Ct

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-3291

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224665.00

Current Approval Amount

224665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-3291

CD

MN-02

Jobs Reported

40

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

224661.00

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 Childcare Center

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

226287.58

Forgiveness Date

10/25/2021

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