PPP Loan information for Western communities action network

$50,250

Western communities action network was initially approved for PPP Loan of amount $50,250, the current approved amount is $50,250. The loan was approved on 04/07/2020 by The Minnesota Lakes Bank reported 5 jobs and $50,250 was used to fund payroll.

Western communities action network is Existing or more than 2 years old

WESTERN COMMUNITIES ACTION NETWORK

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WESTERN COMMUNITIES ACTION NETWORK

Borrower Address

5213 SHORELINE DR

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-1770

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50250.00

Current Approval Amount

50250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-1770

CD

MN-03

Jobs Reported

5

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37682.00

Mortgage Interest Proceed

0.00

Rent Proceed

12568.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50636.65

Forgiveness Date

01/20/2021

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