PPP Loan information for The northwest minnesota foundation

$331,500

The northwest minnesota foundation was initially approved for PPP Loan of amount $331,500, the current approved amount is $331,500. The loan was approved on 07/22/2020 by The Security Bank USA reported 22 jobs and $331,500 was used to fund payroll.

The northwest minnesota foundation is Existing or more than 2 years old

THE NORTHWEST MINNESOTA FOUNDATION

Date Approved

07/22/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE NORTHWEST MINNESOTA FOUNDATION

Borrower Address

201 3RD ST NW

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-3111

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

331500.00

Current Approval Amount

331500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36647

Servicing Lender Name

Security Bank USA

Servicing Lender Address

1025 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-3111

CD

MN-08

Jobs Reported

22

NAICS Code

813211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

331500.00

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

36647

Originating Lender

Security Bank USA

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

332853.63

Forgiveness Date

12/28/2020

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