PPP Loan information for American legion post #537

$87,900

American legion post #537 was initially approved for PPP Loan of amount $87,900, the current approved amount is $87,900. The loan was approved on 04/08/2020 by The Lake Region Bank reported 13 jobs and $87,900 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

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN LEGION POST #537

Borrower Address

21 Ash Street

Borrower City

NEW LONDON

Borrower State

MN

Borrower Zip

56273-8557

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87900.00

Current Approval Amount

87900.00

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

13

NAICS Code

713290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17580.00

Payroll Proceed

70320.00

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

88525.07

Forgiveness Date

12/30/2020

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