Southwest Initiative Foundation
$340,000 PPP Loan in Hutchinson, Minnesota
Loan Details
- Loan Number
- 3014577104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $340,000
- Current Approval
- $340,000
- Forgiveness Amount
- $343,065
- Forgiveness Date
- Mar 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southwest Initiative Foundation
- Address
- 15 3rd Ave NW
- City
- Hutchinson
- State
- Minnesota
- ZIP Code
- 55350-1643
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Public Administration (926110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $340,000
Lender Information
- Servicing Lender
- Citizens Bank & Trust Co
- Originating Lender
- Citizens Bank & Trust Co
Other PPP Loans in Hutchinson, MN
| Business | Approved | |
|---|---|---|
| Hutchinson Manufacturing Holdings, LLC | $4,586,000 |  AI Deep Dive |
| Heartland Agriculture, LLC | $3,950,000 | AI Deep Dive |
| Goebel Fixture Co. | $2,574,600 | AI Deep Dive |
| Goebel Fixture Co. | $2,000,000 | AI Deep Dive |
| Hutchinson Manufacturing Holdings LLC | $2,000,000 | AI Deep Dive |
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