PPP Loan information for Washburn center for children

$2,576,600

Washburn center for children was initially approved for PPP Loan of amount $2,925,600, the current approved amount is $2,576,600. The loan was approved on 04/04/2020 by The Choice Financial Group reported 210 jobs and $2,576,600 was used to fund payroll.

Washburn center for children is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Washburn center for children

WASHBURN CENTER FOR CHILDREN

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WASHBURN CENTER FOR CHILDREN

Borrower Address

1100 Glenwood Avenue

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55405-1430

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2925600.00

Current Approval Amount

2576600.00

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

Y

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

55405-1430

CD

MN-05

Jobs Reported

210

NAICS Code

621330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2576600.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2606389.73

Forgiveness Date

06/11/2021

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