PPP Loan information for Itasca mantrap cooperative electrical ass'n

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ITASCA MANTRAP COOPERATIVE ELECTRICAL ASS'N

Borrower Address

16930 COUNTY 6

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-2883

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588500.00

Current Approval Amount

588500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-2883

CD

MN-07

Jobs Reported

29

NAICS Code

221122

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588500.00

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

Cooperative

Originating Lender Location Id

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date