PPP Loan information for The cradle club inc.

$491,700

The cradle club inc. was initially approved for PPP Loan of amount $491,700, the current approved amount is $491,700. The loan was approved on 01/28/2021 by The Frandsen Bank & Trust reported 57 jobs and $491,700 was used to fund payroll.

The cradle club inc. is Existing or more than 2 years old

PPP Loan Search / MN / Eden Prairie / The cradle club inc.

THE CRADLE CLUB INC.

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE CRADLE CLUB INC.

Borrower Address

16935 Cedarcrest Dr

Borrower City

Eden Prairie

Borrower State

MN

Borrower Zip

55347-3761

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

491700.00

Current Approval Amount

491700.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eden Prairie

Project County Name

HENNEPIN

Project State

MN

Project Zip

55347-3761

CD

MN-03

Jobs Reported

57

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

491695.00

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

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496091.62

Forgiveness Date

12/29/2021

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