PPP Loan information for Park avenue center, inc.

$1,237,348

Park avenue center, inc. was initially approved for PPP Loan of amount $1,237,348, the current approved amount is $1,237,348. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 141 jobs and $1,237,348 was used to fund payroll.

Park avenue center, inc. is Existing or more than 2 years old

PARK AVENUE CENTER, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARK AVENUE CENTER, INC.

Borrower Address

2318 PARK AVE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55404

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1237348.00

Current Approval Amount

1237348.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55404-0124

CD

MN-05

Jobs Reported

141

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1237348.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1246765.59

Forgiveness Date

01/20/2021

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