Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PAYNESVILLE POST NO. 271, THE AMERICAN LEGION, DEP
Borrower Address
770 Diekmann Drive
Borrower City
Paynesville
Borrower State
MN
Borrower Zip
56362
Loan Status Date
07/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
74600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEARNS
Project State
Project Zip
56362-0001
CD
MN-07
Jobs Reported
11
NAICS Code
813410
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
75405.27
Forgiveness Date
06/04/2021