PPP Loan information for Building restoration corporation

$1,816,500

Building restoration corporation was initially approved for PPP Loan of amount $1,816,500, the current approved amount is $1,816,500. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 107 jobs and $1,816,500 was used to fund payroll.

Building restoration corporation is Existing or more than 2 years old

BUILDING RESTORATION CORPORATION

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUILDING RESTORATION CORPORATION

Borrower Address

1920 OAKCREST AVE SUITE 1

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55113-2602

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1816500.00

Current Approval Amount

1816500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-2602

CD

MN-04

Jobs Reported

107

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

454100.00

Payroll Proceed

1362400.00

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

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1831637.50

Forgiveness Date

02/17/2021

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