PPP Loan information for Seward community co-op, inc.

$2,094,000

Seward community co-op, inc. was initially approved for PPP Loan of amount $2,316,100, the current approved amount is $2,094,000. The loan was approved on 04/06/2020 by The Choice Financial Group reported 285 jobs and $2,094,000 was used to fund payroll.

Seward community co-op, inc. is Existing or more than 2 years old

SEWARD COMMUNITY CO-OP, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SEWARD COMMUNITY CO-OP, INC.

Borrower Address

2601 E Franklin Ave

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55407-1147

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2316100.00

Current Approval Amount

2094000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55407-1147

CD

MN-05

Jobs Reported

285

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2094000.00

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

Cooperative

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2116488.99

Forgiveness Date

05/19/2021

;