PPP Loan information for American legion post #537

$123,116

American legion post #537 was initially approved for PPP Loan of amount $123,116, the current approved amount is $123,116. The loan was approved on 01/22/2021 by The Lake Region Bank reported 73 jobs and $123,116 was used to fund payroll.

American legion post #537 is Existing or more than 2 years old

PPP Loan Search / MN / New London / American legion post #537

AMERICAN LEGION POST #537

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN LEGION POST #537

Borrower Address

21 Ash St NE

Borrower City

New London

Borrower State

MN

Borrower Zip

56273-8557

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123116.00

Current Approval Amount

123116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-8557

CD

MN-07

Jobs Reported

73

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123115.00

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

123953.87

Forgiveness Date

09/28/2021

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