PPP Loan information for Dakota trail inc.

$36,250

Dakota trail inc. was initially approved for PPP Loan of amount $36,250, the current approved amount is $36,250. The loan was approved on 04/06/2020 by The Minnesota Lakes Bank reported 17 jobs and $36,250 was used to fund payroll.

Dakota trail inc. is Existing or more than 2 years old

DAKOTA TRAIL INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAKOTA TRAIL INC.

Borrower Address

2281 COMMERCE BLVD

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-1546

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36250.00

Current Approval Amount

36250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1546

CD

MN-03

Jobs Reported

17

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2560.00

Payroll Proceed

31490.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2200

Business Type

Corporation

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36602.43

Forgiveness Date

04/02/2021

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