PPP Loan information for Observation hill children's center

$49,000

Observation hill children's center was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 04/14/2020 by The Wadena State Bank reported 10 jobs and $49,000 was used to fund payroll.

Observation hill children's center is Existing or more than 2 years old

OBSERVATION HILL CHILDREN'S CENTER

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OBSERVATION HILL CHILDREN'S CENTER

Borrower Address

826 W 3RD ST

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55806-2202

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55806-2202

CD

MN-08

Jobs Reported

10

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49351.17

Forgiveness Date

01/07/2021

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