PPP Loan information for American legion post 16

$21,725

American legion post 16 was initially approved for PPP Loan of amount $21,725, the current approved amount is $21,725. The loan was approved on 06/26/2020 by The The First National Bank of Bagley reported 13 jobs and $21,725 was used to fund payroll.

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

AMERICAN LEGION POST 16

Date Approved

06/26/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN LEGION POST 16

Borrower Address

112 N Main Po box 159

Borrower City

Bagley

Borrower State

MN

Borrower Zip

56621-8316

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21725.00

Current Approval Amount

21725.00

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

N

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

813410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1725.00

Payroll Proceed

20000.00

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

Female Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

21839.66

Forgiveness Date

01/13/2021

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