PPP Loan information for Avalon memory care operator, llc

$72,500

Avalon memory care operator, llc was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/14/2020 by The Bridgewater Bank reported 7 jobs and $72,500 was used to fund payroll.

Avalon memory care operator, llc is New Business or 2 years or less

AVALON MEMORY CARE OPERATOR, LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AVALON MEMORY CARE OPERATOR, LLC

Borrower Address

910 HORN DR

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55305-1002

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55305-1002

CD

MN-03

Jobs Reported

7

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

71500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

73014.45

Forgiveness Date

01/07/2021

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