Oak Terrace Senior Housing of Jordan, LLC
$401,700 PPP Loan in Jordan, Minnesota
Loan Details
- Loan Number
- 4557807004
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $401,700
- Current Approval
- $401,700
- Forgiveness Amount
- $405,617
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Oak Terrace Senior Housing of Jordan, LLC
- Address
- 622 Aberdeen Avenue
- City
- Jordan
- State
- Minnesota
- ZIP Code
- 55352-1630
- Business Type
- Partnership
- Industry (NAICS)
- Health Care and Social Assistance (623110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 45
- Estimated Revenue
- $7.7M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $321,400
- Rent
- $20,000
- Utilities
- $20,000
- Health Care
- $10,300
- Mortgage Interest
- $20,000
- Debt Interest
- $10,000
Lender Information
- Servicing Lender
- Progrowth Bank
- Originating Lender
- Progrowth Bank
Other PPP Loans in Jordan, MN
| Business | Approved | |
|---|---|---|
| S.m. Hentges & Sons, Inc. | $6,250,600 |  Research |
| Abhe & Svoboda, Inc. | $2,828,700 | Research |
| Minger Construction Companies, Inc. | $2,445,000 | Research |
| Jordan Transformer, LLC | $1,332,852 | Research |
| Jordan Transformer LLC | $1,180,715 | Research |
Want to research this company further?
Try NewBizBot free