Summit Academy Oic

$771,600 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
2653937107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$771,600
Current Approval
$771,600
Forgiveness Amount
$778,544
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Academy Oic
Address
935 Olson Memorial Highway
ZIP Code
55405-1359
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611519)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$578,700
Rent
$48,225
Utilities
$48,225
Mortgage Interest
$48,225
Debt Interest
$48,225

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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