Arc Retreat Community
$37,865 PPP Loan in Stanchfield, Minnesota
Loan Details
- Loan Number
- 8615567208
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $37,865
- Current Approval
- $25,515
- Forgiveness Amount
- $25,668
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arc Retreat Community
- Address
- 1680 373 Ave NE
- City
- Stanchfield
- State
- Minnesota
- ZIP Code
- 55080
- Business Type
- Professional Association
- Industry (NAICS)
- Accommodation and Food Services (721214)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $20,515
- Utilities
- $2,500
- Mortgage Interest
- $2,500
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
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