Room for Growing, Inc.

$539,300 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
6157807102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$539,300
Current Approval
$539,300
Forgiveness Amount
$543,255
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Room for Growing, Inc.
Address
268 SW 12th Street
ZIP Code
55025
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (624410)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$404,475
Rent
$33,706
Utilities
$33,706
Health Care
$33,706
Mortgage Interest
$33,706

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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