PPP Loan information for Northwest minnesota housing cooperative

$20,418

Northwest minnesota housing cooperative was initially approved for PPP Loan of amount $20,418, the current approved amount is $20,418. The loan was approved on 02/04/2021 by The Midwest Minnesota Community Development Corporation reported 1 jobs and $20,418 was used to fund payroll.

Northwest minnesota housing cooperative is Existing or more than 2 years old

NORTHWEST MINNESOTA HOUSING COOPERATIVE

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHWEST MINNESOTA HOUSING COOPERATIVE

Borrower Address

119 Graystone Plz Ste 100

Borrower City

Detroit Lakes

Borrower State

MN

Borrower Zip

56501-3034

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20418.00

Current Approval Amount

20418.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529653

Servicing Lender Name

Midwest Minnesota Community Development Corporation

Servicing Lender Address

119 Graystone Plaza, Suite 100

Servicing Lender City

Detroit Lakes

Servicing Lender State

MN

Servicing Lender Zip

56501

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit Lakes

Project County Name

BECKER

Project State

MN

Project Zip

56501-3034

CD

MN-07

Jobs Reported

1

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20418.00

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

Cooperative

Originating Lender Location Id

529653

Originating Lender

Midwest Minnesota Community Development Corporation

Originating Lender City

Detroit Lakes

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20497.97

Forgiveness Date

06/30/2021

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