PPP Loan information for Area lakes dental, llc

$42,500

Area lakes dental, llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/09/2020 by The Gateway Bank reported 5 jobs and $42,500 was used to fund payroll.

Area lakes dental, llc is Existing or more than 2 years old

AREA LAKES DENTAL, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AREA LAKES DENTAL, LLC

Borrower Address

213 LAKE AVE S

Borrower City

BATTLE LAKE

Borrower State

MN

Borrower Zip

56515-0001

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

358512

Servicing Lender Name

Gateway Bank

Servicing Lender Address

745 Market St

Servicing Lender City

MENDOTA HEIGHTS

Servicing Lender State

MN

Servicing Lender Zip

55118-1164

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATTLE LAKE

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56515-0001

CD

MN-07

Jobs Reported

5

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

358512

Originating Lender

Gateway Bank

Originating Lender City

MENDOTA HEIGHTS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38712.01

Forgiveness Date

11/05/2020

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