PPP Loan information for Lilac homes corporation

$211,800

Lilac homes corporation was initially approved for PPP Loan of amount $211,800, the current approved amount is $211,800. The loan was approved on 04/27/2020 by The Northwestern Bank, National Association reported 48 jobs and $211,800 was used to fund payroll.

Lilac homes corporation is Existing or more than 2 years old

LILAC HOMES CORPORATION

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LILAC HOMES CORPORATION

Borrower Address

24806 Labrador Beach Road

Borrower City

PELICAN RAPIDS

Borrower State

MN

Borrower Zip

56572-7178

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211800.00

Current Approval Amount

211800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38956

Servicing Lender Name

Northwestern Bank, National Association

Servicing Lender Address

4 N Main St

Servicing Lender City

DILWORTH

Servicing Lender State

MN

Servicing Lender Zip

56529

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELICAN RAPIDS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-7178

CD

MN-07

Jobs Reported

48

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2118.00

Payroll Proceed

156732.00

Mortgage Interest Proceed

21180.00

Rent Proceed

31770.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38956

Originating Lender

Northwestern Bank, National Association

Originating Lender City

DILWORTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

213394.38

Forgiveness Date

01/26/2021

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