PPP Loan information for Community thread

$79,600

Community thread was initially approved for PPP Loan of amount $79,600, the current approved amount is $79,600. The loan was approved on 04/16/2020 by The MidWestOne Bank reported 10 jobs and $79,600 was used to fund payroll.

Community thread is Existing or more than 2 years old

COMMUNITY THREAD

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMMUNITY THREAD

Borrower Address

2300 ORLEANS ST W

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79600.00

Current Approval Amount

79600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-0001

CD

MN-04

Jobs Reported

10

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4975.00

Payroll Proceed

59700.00

Mortgage Interest Proceed

4975.00

Rent Proceed

4975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4975

Business Type

Non-Profit Organization

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

80190.37

Forgiveness Date

01/20/2021

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