PPP Loan information for Relate

$714,343

Relate was initially approved for PPP Loan of amount $714,343, the current approved amount is $714,343. The loan was approved on 04/07/2020 by The Citizens Independent Bank reported 71 jobs and $714,343 was used to fund payroll.

Relate is Existing or more than 2 years old

RELATE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RELATE

Borrower Address

5125 COUNTY ROAD 101

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-4156

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

714342.50

Current Approval Amount

714342.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38830

Servicing Lender Name

Citizens Independent Bank

Servicing Lender Address

5000 W 36th St

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-2758

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-4156

CD

MN-03

Jobs Reported

71

NAICS Code

531120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

714342.50

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

38830

Originating Lender

Citizens Independent Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

718276.28

Forgiveness Date

11/03/2020

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