PPP Loan information for Park avenue center inc.

$1,214,900

Park avenue center inc. was initially approved for PPP Loan of amount $1,214,937, the current approved amount is $1,214,900. The loan was approved on 01/26/2021 by The Alliance Bank reported 135 jobs and $1,214,900 was used to fund payroll.

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

PPP Loan Search / MN / Minneapolis / Park avenue center inc.

PARK AVENUE CENTER INC.

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PARK AVENUE CENTER INC.

Borrower Address

2318 Park Ave

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55404-3712

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1214937.00

Current Approval Amount

1214900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

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

55404-3712

CD

MN-05

Jobs Reported

135

NAICS Code

621420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1214900.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1221008.25

Forgiveness Date

08/03/2021

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