Oak Terrace Health Care Center of Gaylord, LLC
$404,700 PPP Loan in Gaylord, Minnesota
Loan Details
- Loan Number
- 4557177005
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $404,700
- Current Approval
- $404,700
- Forgiveness Amount
- $408,646
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Oak Terrace Health Care Center of Gaylord, LLC
- Address
- 640 3rd St
- City
- Gaylord
- State
- Minnesota
- ZIP Code
- 55334-2297
- Business Type
- Partnership
- Industry (NAICS)
- Health Care and Social Assistance (623311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 54
- Estimated Revenue
- $9.2M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $323,800
- Rent
- $20,000
- Utilities
- $20,000
- Health Care
- $20,900
- Mortgage Interest
- $20,000
Lender Information
- Servicing Lender
- Progrowth Bank
- Originating Lender
- Progrowth Bank
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