Housing Alternatives Development Company

$755,600 PPP Loan in Deephaven, Minnesota

Loan Details

Loan Number
7078317006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$755,600
Current Approval
$755,600
Forgiveness Amount
$763,818
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Housing Alternatives Development Company
Address
18336 Minnetonka Blvd
ZIP Code
55391-3232
Business Type
Non-Profit Organization
Industry (NAICS)
Real Estate and Rental and Leasing (531311)
Business Age
Existing or more than 2 years old
Jobs Reported
165
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$650,000
Utilities
$5,600
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Bridgewater Bank
Originating Lender
Bridgewater Bank

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