Annandale Care Center

$953,700 PPP Loan in Annandale, Minnesota

Loan Details

Loan Number
4885457005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$953,700
Current Approval
$953,700
Forgiveness Amount
$962,893
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Annandale Care Center
Address
500 Park St
ZIP Code
55302-3060
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$902,700
Utilities
$20,000
Mortgage Interest
$31,000

Lender Information

Servicing Lender
Lake Central Bank
Originating Lender
Lake Central Bank

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