PPP Loan information for Lanesboro arts center

$34,125

Lanesboro arts center was initially approved for PPP Loan of amount $34,125, the current approved amount is $34,125. The loan was approved on 01/25/2021 by The Merchants Bank, National Association reported 3 jobs and $34,125 was used to fund payroll.

Lanesboro arts center is Existing or more than 2 years old

PPP Loan Search / MN / Lanesboro / Lanesboro arts center

LANESBORO ARTS CENTER

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LANESBORO ARTS CENTER

Borrower Address

103 Parkway Ave N.

Borrower City

Lanesboro

Borrower State

MN

Borrower Zip

55949

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34125.00

Current Approval Amount

34125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lanesboro

Project County Name

FILLMORE

Project State

MN

Project Zip

55949

CD

MN-01

Jobs Reported

3

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

34124.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

34292.78

Forgiveness Date

07/30/2021

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