St. Charles Assisted Living

$41,100 PPP Loan in Saint Charles, Minnesota

Loan Details

Loan Number
6702987008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$41,100
Current Approval
$41,100
Forgiveness Amount
$41,423
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
St. Charles Assisted Living
Address
402 W 4th St
ZIP Code
55972-2123
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
New Business or 2 years or less
Jobs Reported
23
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$32,940
Rent
$5,425
Utilities
$2,735

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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