PPP Loan information for Madelia american legion post 19

$28,500

Madelia american legion post 19 was initially approved for PPP Loan of amount $28,500, the current approved amount is $28,500. The loan was approved on 03/09/2021 by The Pioneer Bank reported 8 jobs and $28,500 was used to fund payroll.

Madelia american legion post 19 is Existing or more than 2 years old

MADELIA AMERICAN LEGION POST 19

Date Approved

03/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MADELIA AMERICAN LEGION POST 19

Borrower Address

36 1st St NW

Borrower City

Madelia

Borrower State

MN

Borrower Zip

56062-1412

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28500.00

Current Approval Amount

28500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madelia

Project County Name

WATONWAN

Project State

MN

Project Zip

56062-1412

CD

MN-01

Jobs Reported

8

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

28499.00

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

Corporation

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

28643.29

Forgiveness Date

09/15/2021

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