PPP Loan information for Young mens christian association

$354,000

Young mens christian association was initially approved for PPP Loan of amount $354,000, the current approved amount is $354,000. The loan was approved on 02/19/2021 by The Alerus Financial, National Association reported 104 jobs and $354,000 was used to fund payroll.

Young mens christian association is Existing or more than 2 years old

YOUNG MENS CHRISTIAN ASSOCIATION

Date Approved

02/19/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

YOUNG MENS CHRISTIAN ASSOCIATION

Borrower Address

215 N 7th St

Borrower City

Grand Forks

Borrower State

ND

Borrower Zip

58203-3668

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

354000.00

Current Approval Amount

354000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Forks

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-3668

CD

ND-

Jobs Reported

104

NAICS Code

713940

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

354000.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

355868.33

Forgiveness Date

09/09/2021

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