Well Being Development
$35,250 PPP Loan in Ely, Minnesota
Loan Details
- Loan Number
- 3821547200
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $35,250
- Current Approval
- $35,250
- Forgiveness Amount
- $35,431
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Well Being Development
- Address
- 715 South Central Avenue
- City
- Ely
- State
- Minnesota
- ZIP Code
- 55731
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (624120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $26,500
- Utilities
- $3,525
- Mortgage Interest
- $5,225
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Ely, MN
| Business | Approved | |
|---|---|---|
| Ely-Bloomenson Community Hospital & Nursing Home Corporation | $2,279,200 | |
| Zupancich Bros. Inc. | $1,009,400 | |
| Louis Leustek & Sons, Inc. | $522,551 | |
| Grand Ely Lodge LLC | $491,050 | |
| Grand Ely Lodge, LLC | $350,750 |
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