PPP Loan information for Mille lacs motorsports ii, inc.

$343,400

Mille lacs motorsports ii, inc. was initially approved for PPP Loan of amount $343,400, the current approved amount is $343,400. The loan was approved on 04/04/2020 by The Woodlands National Bank reported 29 jobs and $343,400 was used to fund payroll.

Mille lacs motorsports ii, inc. is New Business or 2 years or less

PPP Loan Search / MN / Ramsey / Mille lacs motorsports ii, inc.

MILLE LACS MOTORSPORTS II, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MILLE LACS MOTORSPORTS II, INC.

Borrower Address

6781 HIGHWAY 10

Borrower City

Ramsey

Borrower State

MN

Borrower Zip

55303-4968

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343400.00

Current Approval Amount

343400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38241

Servicing Lender Name

Woodlands National Bank

Servicing Lender Address

122 E Main St

Servicing Lender City

HINCKLEY

Servicing Lender State

MN

Servicing Lender Zip

55037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ramsey

Project County Name

ANOKA

Project State

MN

Project Zip

55303-4968

CD

MN-06

Jobs Reported

29

NAICS Code

441210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

343400.00

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

38241

Originating Lender

Woodlands National Bank

Originating Lender City

HINCKLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

347845.12

Forgiveness Date

07/28/2021

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