Convent and the Academy of the Visitation

$1,840,900 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
1654587204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,840,900
Current Approval
$1,840,900
Forgiveness Amount
$1,852,866
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Convent and the Academy of the Visitation
Address
2455 Visitation Dr
ZIP Code
55120-1677
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,748,900
Rent
$55,200
Utilities
$36,800

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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