Minneapolis College for Art and Design
$1,956,400 PPP Loan in Minneapolis, Minnesota
Loan Details
- Loan Number
- 2861437910
- Date Approved
- Jun 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,956,400
- Current Approval
- $1,956,400
- Forgiveness Amount
- $1,971,671
- Forgiveness Date
- Mar 31, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Minneapolis College for Art and Design
- Address
- 2501 Stevens Avenue
- City
- Minneapolis
- State
- Minnesota
- ZIP Code
- 55404-4343
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 414
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $1,467,300
- Utilities
- $489,100
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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