PPP Loan information for American legion post 56

$35,631

American legion post 56 was initially approved for PPP Loan of amount $35,631, the current approved amount is $35,631. The loan was approved on 03/31/2021 by The Security Bank Minnesota reported 38 jobs and $35,631 was used to fund payroll.

American legion post 56 is Existing or more than 2 years old

AMERICAN LEGION POST 56

Date Approved

03/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN LEGION POST 56

Borrower Address

142 N Broadway Ave

Borrower City

Albert Lea

Borrower State

MN

Borrower Zip

56007-2401

Loan Status Date

01/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35631.00

Current Approval Amount

35631.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albert Lea

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-2401

CD

MN-01

Jobs Reported

38

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

35626.00

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

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

35895.26

Forgiveness Date

12/29/2021

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