PPP Loan information for Area partnership for economic expansion

$73,272

Area partnership for economic expansion was initially approved for PPP Loan of amount $73,272, the current approved amount is $73,272. The loan was approved on 01/29/2021 by The National Bank of Commerce reported 6 jobs and $73,272 was used to fund payroll.

Area partnership for economic expansion is Existing or more than 2 years old

AREA PARTNERSHIP FOR ECONOMIC EXPANSION

Date Approved

01/29/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AREA PARTNERSHIP FOR ECONOMIC EXPANSION

Borrower Address

306 W Superior St Ste 902

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55802-1800

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73271.88

Current Approval Amount

73271.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-1800

CD

MN-08

Jobs Reported

6

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

73269.88

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

Professional Association

Originating Lender Location Id

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73679.39

Forgiveness Date

08/25/2021

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