PPP Loan information for Verndale broadcasting

$16,947

Verndale broadcasting was initially approved for PPP Loan of amount $16,947, the current approved amount is $16,947. The loan was approved on 01/17/2021 by The Northwoods Bank of Minnesota reported 5 jobs and $16,947 was used to fund payroll.

Verndale broadcasting is Existing or more than 2 years old

PPP Loan Search / MN / Park Rapids / Verndale broadcasting

VERNDALE BROADCASTING

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

VERNDALE BROADCASTING

Borrower Address

716 1st St E

Borrower City

Park Rapids

Borrower State

MN

Borrower Zip

56470-1707

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16947.00

Current Approval Amount

16947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36785

Servicing Lender Name

Northwoods Bank of Minnesota

Servicing Lender Address

1200 E First St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1878

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Park Rapids

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1707

CD

MN-07

Jobs Reported

5

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

16944.00

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

Partnership

Originating Lender Location Id

36785

Originating Lender

Northwoods Bank of Minnesota

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17061.68

Forgiveness Date

09/22/2021

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