Children of Grace Childcare and Education Center

$75,800 PPP Loan in Hibbing, Minnesota

Loan Details

Loan Number
1280537205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$75,800
Current Approval
$69,900
Forgiveness Amount
$70,483
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Children of Grace Childcare and Education Center
Address
4010 9th Ave W
ZIP Code
55746-3005
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624410)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$55,920
Rent
$5,000
Utilities
$8,980

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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