PPP Loan information for Forest lake insurance agency inc

$61,600

Forest lake insurance agency inc was initially approved for PPP Loan of amount $61,600, the current approved amount is $61,600. The loan was approved on 04/28/2020 by The MidWestOne Bank reported 4 jobs and $61,600 was used to fund payroll.

Forest lake insurance agency inc is New Business or 2 years or less

PPP Loan Search / MN / FOREST LAKE / Forest lake insurance agency inc

FOREST LAKE INSURANCE AGENCY INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOREST LAKE INSURANCE AGENCY INC

Borrower Address

232 LAKE ST S

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61600.00

Current Approval Amount

61600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61600.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62630.09

Forgiveness Date

01/04/2022

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