The Ely Community Resource, Inc.

$38,875 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
9704417107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$38,875
Current Approval
$38,875
Forgiveness Amount
$39,149
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Ely Community Resource, Inc.
Address
111 S Fourth Ave E
City
Ely
ZIP Code
55731
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624110)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$29,200
Utilities
$3,880
Mortgage Interest
$5,795

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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