PPP Loan information for Battle lake standard

$78,000

Battle lake standard was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/06/2020 by The The First National Bank of Henning reported 17 jobs and $78,000 was used to fund payroll.

Battle lake standard is Existing or more than 2 years old

PPP Loan Search / MN / BATTLE LAKE / Battle lake standard

BATTLE LAKE STANDARD

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BATTLE LAKE STANDARD

Borrower Address

420 LAKE AVE S

Borrower City

BATTLE LAKE

Borrower State

MN

Borrower Zip

56515-4238

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38234

Servicing Lender Name

The First National Bank of Henning

Servicing Lender Address

106 State Hwy 78 North

Servicing Lender City

OTTERTAIL

Servicing Lender State

MN

Servicing Lender Zip

56571

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

56515-4238

CD

MN-07

Jobs Reported

17

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

75000.00

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

Sole Proprietorship

Originating Lender Location Id

38234

Originating Lender

The First National Bank of Henning

Originating Lender City

OTTERTAIL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78643.50

Forgiveness Date

02/02/2021

;