PPP Loan information for American legion post 16

$30,415

American legion post 16 was initially approved for PPP Loan of amount $30,415, the current approved amount is $30,415. The loan was approved on 01/31/2021 by The The First National Bank of Bagley reported 13 jobs and $30,415 was used to fund payroll.

American legion post 16 is Existing or more than 2 years old

AMERICAN LEGION POST 16

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN LEGION POST 16

Borrower Address

112 Main Ave N

Borrower City

Bagley

Borrower State

MN

Borrower Zip

56621-8316

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30415.00

Current Approval Amount

30415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36624

Servicing Lender Name

The First National Bank of Bagley

Servicing Lender Address

31 Central St, East

Servicing Lender City

BAGLEY

Servicing Lender State

MN

Servicing Lender Zip

56621-8508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bagley

Project County Name

CLEARWATER

Project State

MN

Project Zip

56621-8316

CD

MN-08

Jobs Reported

13

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30412.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36624

Originating Lender

The First National Bank of Bagley

Originating Lender City

BAGLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

30553.56

Forgiveness Date

07/23/2021

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