Southwest Initiative Foundation

$385,458 PPP Loan in Hutchinson, Minnesota

Loan Details

Loan Number
6469468908
Date Approved
May 2, 2021
Loan Status
Paid in Full
Initial Approval
$385,458
Current Approval
$385,458
Forgiveness Amount
$388,351
Forgiveness Date
Feb 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Southwest Initiative Foundation
Address
15 3rd Ave NW
ZIP Code
55350-1643
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813211)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$385,456
Utilities
$1

Lender Information

Servicing Lender
Citizens Bank & Trust Co
Originating Lender
Citizens Bank & Trust Co

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