Initiative Foundation
$426,700 PPP Loan in Little Falls, Minnesota
Loan Details
- Loan Number
- 7817217103
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $426,700
- Current Approval
- $426,700
- Forgiveness Amount
- $429,225
- Forgiveness Date
- Nov 19, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Initiative Foundation
- Address
- 405 First Street SE
- City
- Little Falls
- State
- Minnesota
- ZIP Code
- 56345
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Public Administration (925120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $426,700
Lender Information
- Servicing Lender
- Bremer Bank, National Association
- Originating Lender
- Bremer Bank, National Association
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