PPP Loan information for Mille lacs county area development achievement center, inc.

$364,900

Mille lacs county area development achievement center, inc. was initially approved for PPP Loan of amount $364,900, the current approved amount is $364,900. The loan was approved on 04/09/2020 by The The First National Bank of Milaca reported 55 jobs and $364,900 was used to fund payroll.

Mille lacs county area development achievement center, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MILACA / Mille lacs county area development achievement center, inc.

MILLE LACS COUNTY AREA DEVELOPMENT ACHIEVEMENT CENTER, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MILLE LACS COUNTY AREA DEVELOPMENT ACHIEVEMENT CENTER, INC.

Borrower Address

115 First Street E; PO Box 92

Borrower City

MILACA

Borrower State

MN

Borrower Zip

56353-1502

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364900.00

Current Approval Amount

364900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38387

Servicing Lender Name

The First National Bank of Milaca

Servicing Lender Address

190 2nd Ave SW

Servicing Lender City

MILACA

Servicing Lender State

MN

Servicing Lender Zip

56353-1106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILACA

Project County Name

MILLE LACS

Project State

MN

Project Zip

56353-1502

CD

MN-08

Jobs Reported

55

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

364900.00

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

38387

Originating Lender

The First National Bank of Milaca

Originating Lender City

MILACA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

367028.58

Forgiveness Date

11/12/2020

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