New Journey Residence, Ltd

$300,000 PPP Loan in Eveleth, Minnesota

Loan Details

Loan Number
6403977005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$298,100
Forgiveness Amount
$299,938
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Journey Residence, Ltd
Address
303 Hat Trick Ave
ZIP Code
55734-8635
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$238,480
Utilities
$20,000
Mortgage Interest
$39,620

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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