PPP Loan information for Northern lights ballroom & banquet center inc

$50,000

Northern lights ballroom & banquet center inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 01/20/2021 by The The Bank of Elk River reported 26 jobs and $50,000 was used to fund payroll.

Northern lights ballroom & banquet center inc is Existing or more than 2 years old

PPP Loan Search / MN / Milaca / Northern lights ballroom & banquet center inc

NORTHERN LIGHTS BALLROOM & BANQUET CENTER INC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHERN LIGHTS BALLROOM & BANQUET CENTER INC

Borrower Address

10376 112th Ave

Borrower City

Milaca

Borrower State

MN

Borrower Zip

56353-4290

Loan Status Date

09/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

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

56353-4290

CD

MN-08

Jobs Reported

26

NAICS Code

722320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49998.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50309.59

Forgiveness Date

09/08/2021

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