PPP Loan information for Rice county activity center inc

$134,800

Rice county activity center inc was initially approved for PPP Loan of amount $134,800, the current approved amount is $134,800. The loan was approved on 04/09/2020 by The 1st United Bank reported 21 jobs and $134,800 was used to fund payroll.

Rice county activity center inc is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Rice county activity center inc

RICE COUNTY ACTIVITY CENTER INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICE COUNTY ACTIVITY CENTER INC

Borrower Address

21 NE 10TH ST

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-3807

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

134800.00

Current Approval Amount

134800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-3807

CD

MN-01

Jobs Reported

21

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

134800.00

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

135885.89

Forgiveness Date

02/02/2021

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