PPP Loan information for Room for growing inc.

$517,400

Room for growing inc. was initially approved for PPP Loan of amount $517,400, the current approved amount is $517,400. The loan was approved on 02/17/2021 by The MidWestOne Bank reported 67 jobs and $517,400 was used to fund payroll.

Room for growing inc. is Existing or more than 2 years old

PPP Loan Search / MN / Forest Lake / Room for growing inc.

ROOM FOR GROWING INC.

Date Approved

02/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ROOM FOR GROWING INC.

Borrower Address

268 12th St SW

Borrower City

Forest Lake

Borrower State

MN

Borrower Zip

55025-1482

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

517400.00

Current Approval Amount

517400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest Lake

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-1482

CD

MN-08

Jobs Reported

67

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

517395.00

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

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

519828.91

Forgiveness Date

08/09/2021

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