PPP Loan information for Prairie's edge casino resort

$2,649,300

Prairie's edge casino resort was initially approved for PPP Loan of amount $2,649,300, the current approved amount is $2,649,300. The loan was approved on 04/27/2020 by The FM Bank reported 331 jobs and $2,649,300 was used to fund payroll.

Prairie's edge casino resort is Existing or more than 2 years old

PRAIRIE'S EDGE CASINO RESORT

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRAIRIE'S EDGE CASINO RESORT

Borrower Address

5616 Prairies Edge Lane

Borrower City

GRANITE FALLS

Borrower State

MN

Borrower Zip

56241-3679

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2649300.00

Current Approval Amount

2649300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANITE FALLS

Project County Name

YELLOW MEDICINE

Project State

MN

Project Zip

56241-3679

CD

MN-07

Jobs Reported

331

NAICS Code

721120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2649300.00

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2678260.84

Forgiveness Date

06/11/2021

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