PPP Loan information for Lake area discovery center

$658,950

Lake area discovery center was initially approved for PPP Loan of amount $658,950, the current approved amount is $658,950. The loan was approved on 01/19/2021 by The MidCountry Bank reported 132 jobs and $658,950 was used to fund payroll.

Lake area discovery center is Existing or more than 2 years old

PPP Loan Search / MN / White Bear Lake / Lake area discovery center

LAKE AREA DISCOVERY CENTER

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKE AREA DISCOVERY CENTER

Borrower Address

3770 Bellaire Ave

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-4901

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

658950.00

Current Approval Amount

658950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-4901

CD

MN-04

Jobs Reported

132

NAICS Code

611699

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

658949.00

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

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

663607.78

Forgiveness Date

10/15/2021

;