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
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

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