PPP Loan information for Spirit of the lake community school

$32,429

Spirit of the lake community school was initially approved for PPP Loan of amount $32,729, the current approved amount is $32,429. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 8 jobs and $32,429 was used to fund payroll.

Spirit of the lake community school is New Business or 2 years or less

SPIRIT OF THE LAKE COMMUNITY SCHOOL

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPIRIT OF THE LAKE COMMUNITY SCHOOL

Borrower Address

5401 E Superior Street

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55804-2526

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32729.00

Current Approval Amount

32429.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55804-2526

CD

MN-08

Jobs Reported

8

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24322.00

Mortgage Interest Proceed

8107.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

32618.24

Forgiveness Date

11/23/2020

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