PPP Loan information for Ruths house of hope inc.

$60,200

Ruths house of hope inc. was initially approved for PPP Loan of amount $60,200, the current approved amount is $60,200. The loan was approved on 04/07/2020 by The The State Bank of Faribault reported 9 jobs and $60,200 was used to fund payroll.

Ruths house of hope inc. is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Ruths house of hope inc.

RUTHS HOUSE OF HOPE INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RUTHS HOUSE OF HOPE INC.

Borrower Address

219 4th Ave NW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5170

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60200.00

Current Approval Amount

60200.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-5170

CD

MN-01

Jobs Reported

9

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

60750.16

Forgiveness Date

03/11/2021

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