PPP Loan information for Prairie senior cottages of hutchinson, llc

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRAIRIE SENIOR COTTAGES OF HUTCHINSON, LLC

Borrower Address

1310 BRADFORD ST

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-3302

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117500.00

Current Approval Amount

117500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-3302

CD

MN-07

Jobs Reported

24

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11750.00

Payroll Proceed

94000.00

Mortgage Interest Proceed

11750.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118554.24

Forgiveness Date

03/01/2021