PPP Loan information for Peace lutheran preschool

$38,500

Peace lutheran preschool was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/05/2020 by The The State Bank of Faribault reported 8 jobs and $38,500 was used to fund payroll.

Peace lutheran preschool is Existing or more than 2 years old

PEACE LUTHERAN PRESCHOOL

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEACE LUTHERAN PRESCHOOL

Borrower Address

213 6th Ave. SW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5048

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-5048

CD

MN-01

Jobs Reported

8

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38500.00

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 Organization

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

38758.81

Forgiveness Date

12/08/2020

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