PPP Loan information for Hope developmental achievement center

$124,355

Hope developmental achievement center was initially approved for PPP Loan of amount $124,355, the current approved amount is $124,355. The loan was approved on 04/07/2020 by The First Independent Bank reported 14 jobs and $124,355 was used to fund payroll.

Hope developmental achievement center is Existing or more than 2 years old

HOPE DEVELOPMENTAL ACHIEVEMENT CENTER

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOPE DEVELOPMENTAL ACHIEVEMENT CENTER

Borrower Address

330 East Hwy 14

Borrower City

TYLER

Borrower State

MN

Borrower Zip

56178

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124355.00

Current Approval Amount

124355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYLER

Project County Name

LINCOLN

Project State

MN

Project Zip

56178-0001

CD

MN-07

Jobs Reported

14

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

121355.00

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

Non-Profit Organization

Originating Lender Location Id

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

125325.66

Forgiveness Date

01/20/2021

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