PPP Loan information for Convent and the academy of the visitation

$1,840,900

Convent and the academy of the visitation was initially approved for PPP Loan of amount $1,840,900, the current approved amount is $1,840,900. The loan was approved on 04/15/2020 by The Alerus Financial, National Association reported 170 jobs and $1,840,900 was used to fund payroll.

Convent and the academy of the visitation is Existing or more than 2 years old

CONVENT AND THE ACADEMY OF THE VISITATION

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CONVENT AND THE ACADEMY OF THE VISITATION

Borrower Address

2455 VISITATION DR

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55120-1677

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1840900.00

Current Approval Amount

1840900.00

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

DAKOTA

Project State

MN

Project Zip

55120-1677

CD

MN-02

Jobs Reported

170

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36800.00

Payroll Proceed

1748900.00

Mortgage Interest Proceed

0.00

Rent Proceed

55200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

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

Y

Forgiveness Amount

1852865.85

Forgiveness Date

12/15/2020

;