PPP Loan information for American legion post 398

$40,911

American legion post 398 was initially approved for PPP Loan of amount $40,911, the current approved amount is $40,911. The loan was approved on 01/21/2021 by The Minnesota Lakes Bank reported 18 jobs and $40,911 was used to fund payroll.

American legion post 398 is Existing or more than 2 years old

PPP Loan Search / MN / Mound / American legion post 398

AMERICAN LEGION POST 398

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN LEGION POST 398

Borrower Address

2333 Wilshire Blvd

Borrower City

Mound

Borrower State

MN

Borrower Zip

55364-1634

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40911.00

Current Approval Amount

40911.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mound

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1634

CD

MN-03

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40909.00

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

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

41380.34

Forgiveness Date

03/21/2022

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