PPP Loan information for Redemption house

$42,700

Redemption house was initially approved for PPP Loan of amount $42,740, the current approved amount is $42,700. The loan was approved on 04/10/2020 by The Bell Bank reported 4 jobs and $42,700 was used to fund payroll.

Redemption house is Existing or more than 2 years old

REDEMPTION HOUSE

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REDEMPTION HOUSE

Borrower Address

16637 DEVON DR

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-2628

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42740.00

Current Approval Amount

42700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-2628

CD

MN-03

Jobs Reported

4

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42700.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

38942.95

Forgiveness Date

12/02/2020

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