PPP Loan information for American legion post 560

$55,468

American legion post 560 was initially approved for PPP Loan of amount $55,468, the current approved amount is $55,468. The loan was approved on 03/30/2021 by The The Bank of Elk River reported 17 jobs and $55,468 was used to fund payroll.

American legion post 560 is Existing or more than 2 years old

AMERICAN LEGION POST 560

Date Approved

03/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AMERICAN LEGION POST 560

Borrower Address

12674 Fremont Ave

Borrower City

Zimmerman

Borrower State

MN

Borrower Zip

55398-9755

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55468.00

Current Approval Amount

55468.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zimmerman

Project County Name

SHERBURNE

Project State

MN

Project Zip

55398-9755

CD

MN-06

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55467.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

55793.21

Forgiveness Date

11/02/2021

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