PPP Loan information for American legion post 47

$74,237

American legion post 47 was initially approved for PPP Loan of amount $74,237, the current approved amount is $74,237. The loan was approved on 04/28/2020 by The Vermillion State Bank reported 10 jobs and $74,237 was used to fund payroll.

American legion post 47 is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / American legion post 47

AMERICAN LEGION POST 47

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN LEGION POST 47

Borrower Address

50 Sibley St

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74237.00

Current Approval Amount

74237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-0001

CD

MN-02

Jobs Reported

10

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

69337.00

Mortgage Interest Proceed

2100.00

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

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

74738.10

Forgiveness Date

12/31/2020

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