Duluth Nursing and Rehabilitation Center

$1,284,250 PPP Loan in Duluth, Minnesota

Loan Details

Loan Number
5387857107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,284,250
Current Approval
$1,284,250
Forgiveness Amount
$1,299,304
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Duluth Nursing and Rehabilitation Center
Address
1601 St Louis Ave
City
Duluth
ZIP Code
55802-2442
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
131
Estimated Revenue
$22.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$963,175
Utilities
$64,215
Mortgage Interest
$256,860

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

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