PPP Loan information for Productive alternatives inc

$1,767,010

Productive alternatives inc was initially approved for PPP Loan of amount $1,767,010, the current approved amount is $1,767,010. The loan was approved on 03/16/2021 by The Bremer Bank, National Association reported 279 jobs and $1,767,010 was used to fund payroll.

Productive alternatives inc is Existing or more than 2 years old

PPP Loan Search / MN / Fergus Falls / Productive alternatives inc

PRODUCTIVE ALTERNATIVES INC

Date Approved

03/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PRODUCTIVE ALTERNATIVES INC

Borrower Address

1205 N Tower Rd

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-1077

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1767010.00

Current Approval Amount

1767010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-1077

CD

MN-07

Jobs Reported

279

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1767010.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1775724.02

Forgiveness Date

09/15/2021

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