PPP Loan information for Mille lacs county area developmental achievement center inc

$211,531

Mille lacs county area developmental achievement center inc was initially approved for PPP Loan of amount $211,531, the current approved amount is $211,531. The loan was approved on 02/07/2021 by The The First National Bank of Milaca reported 45 jobs and $211,531 was used to fund payroll.

Mille lacs county area developmental achievement center inc is Existing or more than 2 years old

MILLE LACS COUNTY AREA DEVELOPMENTAL ACHIEVEMENT CENTER INC

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MILLE LACS COUNTY AREA DEVELOPMENTAL ACHIEVEMENT CENTER INC

Borrower Address

115 1st St E

Borrower City

Milaca

Borrower State

MN

Borrower Zip

56353-1201

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

211530.50

Current Approval Amount

211530.50

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

Y

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

56353-1201

CD

MN-08

Jobs Reported

45

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

211528.50

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

212311.99

Forgiveness Date

06/23/2021

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