PPP Loan information for Lino lakes assisted living, llc

$532,600

Lino lakes assisted living, llc was initially approved for PPP Loan of amount $532,600, the current approved amount is $532,600. The loan was approved on 04/03/2020 by The American Heritage National Bank reported 83 jobs and $532,600 was used to fund payroll.

Lino lakes assisted living, llc is Existing or more than 2 years old

PPP Loan Search / MN / Lino Lakes / Lino lakes assisted living, llc

LINO LAKES ASSISTED LIVING, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LINO LAKES ASSISTED LIVING, LLC

Borrower Address

725 TOWN CENTER PKWY

Borrower City

Lino Lakes

Borrower State

MN

Borrower Zip

55014-1127

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

532600.00

Current Approval Amount

532600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lino Lakes

Project County Name

ANOKA

Project State

MN

Project Zip

55014-1127

CD

MN-06

Jobs Reported

83

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31798.00

Payroll Proceed

453558.00

Mortgage Interest Proceed

47244.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

536757.24

Forgiveness Date

01/20/2021

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