Church of St. Michael of Prior Lake

$547,870 PPP Loan in Prior Lake, Minnesota

Loan Details

Loan Number
1318247110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$547,870
Current Approval
$547,870
Forgiveness Amount
$551,983
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Church of St. Michael of Prior Lake
Address
16311 Duluth Ave SE
ZIP Code
55372-9263
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$500,000
Rent
$17,870
Utilities
$30,000

Lender Information

Servicing Lender
New Market Bank
Originating Lender
New Market Bank

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