PPP Loan information for Magical minds child care and learning center, inc.

$98,750

Magical minds child care and learning center, inc. was initially approved for PPP Loan of amount $98,750, the current approved amount is $98,750. The loan was approved on 04/12/2020 by The Citizens Independent Bank reported 18 jobs and $98,750 was used to fund payroll.

Magical minds child care and learning center, inc. is Existing or more than 2 years old

PPP Loan Search / MN / STILLWATER / Magical minds child care and learning center, inc.

MAGICAL MINDS CHILD CARE AND LEARNING CENTER, INC.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAGICAL MINDS CHILD CARE AND LEARNING CENTER, INC.

Borrower Address

6740 STILLWATER BLVD

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-5440

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98750.00

Current Approval Amount

98750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38830

Servicing Lender Name

Citizens Independent Bank

Servicing Lender Address

5000 W 36th St

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-2758

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

55082-5440

CD

MN-04

Jobs Reported

18

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98750.00

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

38830

Originating Lender

Citizens Independent Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89214.42

Forgiveness Date

10/30/2020

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