Metropolitan Economic Development Association

$609,700 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
7807517008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$609,700
Current Approval
$609,700
Forgiveness Amount
$616,164
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metropolitan Economic Development Association
Address
1256 Penn Ave N Ste 4800
ZIP Code
55411-2617
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611430)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$609,700

Lender Information

Servicing Lender
Sunrise Banks National Association
Originating Lender
Sunrise Banks National Association

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