PPP Loan information for Mille lacs energy cooperative

$936,700

Mille lacs energy cooperative was initially approved for PPP Loan of amount $936,700, the current approved amount is $936,700. The loan was approved on 04/27/2020 by The Neighborhood National Bank reported 47 jobs and $936,700 was used to fund payroll.

Mille lacs energy cooperative is Existing or more than 2 years old

PPP Loan Search / MN / AITKIN / Mille lacs energy cooperative

MILLE LACS ENERGY COOPERATIVE

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MILLE LACS ENERGY COOPERATIVE

Borrower Address

36559 US HIGHWAY 169

Borrower City

AITKIN

Borrower State

MN

Borrower Zip

56431-4201

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

936700.00

Current Approval Amount

936700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38639

Servicing Lender Name

Neighborhood National Bank

Servicing Lender Address

45 N Union St

Servicing Lender City

MORA

Servicing Lender State

MN

Servicing Lender Zip

55051-1327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AITKIN

Project County Name

AITKIN

Project State

MN

Project Zip

56431-4201

CD

MN-08

Jobs Reported

47

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

936700.00

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

Cooperative

Originating Lender Location Id

38639

Originating Lender

Neighborhood National Bank

Originating Lender City

MORA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

941903.89

Forgiveness Date

11/16/2020

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