PPP Loan information for True north community dental clinic

$61,000

True north community dental clinic was initially approved for PPP Loan of amount $61,000, the current approved amount is $61,000. The loan was approved on 04/13/2020 by The Minnwest Bank reported 7 jobs and $61,000 was used to fund payroll.

True north community dental clinic is Existing or more than 2 years old

TRUE NORTH COMMUNITY DENTAL CLINIC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUE NORTH COMMUNITY DENTAL CLINIC

Borrower Address

415 1ST AVE E UPPR A

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1494

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61000.00

Current Approval Amount

61000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1494

CD

MN-02

Jobs Reported

7

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7625.00

Payroll Proceed

45750.00

Mortgage Interest Proceed

0.00

Rent Proceed

7625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61510.03

Forgiveness Date

02/11/2021

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