Oak Terrace Senior Housing of Gaylord, LLC

$225,800 PPP Loan in Gaylord, Minnesota

Loan Details

Loan Number
4557027006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$225,800
Current Approval
$225,800
Forgiveness Amount
$228,002
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oak Terrace Senior Housing of Gaylord, LLC
Address
638 3rd Street
ZIP Code
55334-2297
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (623311)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$180,600
Utilities
$20,000
Health Care
$10,200
Mortgage Interest
$15,000

Lender Information

Servicing Lender
Progrowth Bank
Originating Lender
Progrowth Bank

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