PPP Loan information for Detroit mountain recreation area, inc

$136,700

Detroit mountain recreation area, inc was initially approved for PPP Loan of amount $136,700, the current approved amount is $136,700. The loan was approved on 04/07/2020 by The Midwest Bank reported 20 jobs and $136,700 was used to fund payroll.

Detroit mountain recreation area, inc is Existing or more than 2 years old

DETROIT MOUNTAIN RECREATION AREA, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DETROIT MOUNTAIN RECREATION AREA, INC

Borrower Address

29409 170TH ST

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-7570

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136700.00

Current Approval Amount

136700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-7570

CD

MN-07

Jobs Reported

20

NAICS Code

713990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136700.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

137625.07

Forgiveness Date

12/21/2020

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