PPP Loan information for The und aerospace foundation

$1,295,700

The und aerospace foundation was initially approved for PPP Loan of amount $1,295,700, the current approved amount is $1,295,700. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 146 jobs and $1,295,700 was used to fund payroll.

The und aerospace foundation is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / The und aerospace foundation

THE UND AEROSPACE FOUNDATION

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

THE UND AEROSPACE FOUNDATION

Borrower Address

4275 UNIVERSITY AVE Robin Hall 303

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58202-6087

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1295700.00

Current Approval Amount

1295700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58202-6087

CD

ND-

Jobs Reported

146

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

161975.00

Payroll Proceed

971850.00

Mortgage Interest Proceed

161875.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1303294.24

Forgiveness Date

11/12/2020

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