PPP Loan information for Loan acres

$20,832

Loan acres was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 02/23/2021 by The Midwest Bank reported 3 jobs and $20,832 was used to fund payroll.

Loan acres is Existing or more than 2 years old

PPP Loan Search / MN / Pelican Rapids / Loan acres

LOAN ACRES

Date Approved

02/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOAN ACRES

Borrower Address

16284 Loan Acres Rd

Borrower City

Pelican Rapids

Borrower State

MN

Borrower Zip

56572-7045

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

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

56572-7045

CD

MN-07

Jobs Reported

3

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20829.00

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

Partnership

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20967.27

Forgiveness Date

10/20/2021

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