PPP Loan information for Mille lacs motorsports, inc.

$451,700

Mille lacs motorsports, inc. was initially approved for PPP Loan of amount $451,700, the current approved amount is $451,700. The loan was approved on 04/04/2020 by The Woodlands National Bank reported 44 jobs and $451,700 was used to fund payroll.

Mille lacs motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BRAINERD / Mille lacs motorsports, inc.

MILLE LACS MOTORSPORTS, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MILLE LACS MOTORSPORTS, INC.

Borrower Address

17821 Hwy 371

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-6829

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451700.00

Current Approval Amount

451700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-6829

CD

MN-08

Jobs Reported

44

NAICS Code

441210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

451700.00

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

457547.01

Forgiveness Date

07/28/2021

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