PPP Loan information for American legion post 580

$157,500

American legion post 580 was initially approved for PPP Loan of amount $157,500, the current approved amount is $157,500. The loan was approved on 04/05/2020 by The Center National Bank reported 48 jobs and $157,500 was used to fund payroll.

American legion post 580 is Existing or more than 2 years old

AMERICAN LEGION POST 580

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMERICAN LEGION POST 580

Borrower Address

290 LAKE DR EAST

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-9364

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157500.00

Current Approval Amount

157500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38324

Servicing Lender Name

Center National Bank

Servicing Lender Address

301 N Ramsey Ave

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-2125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-9364

CD

MN-06

Jobs Reported

48

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157500.00

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

Non-Profit Organization

Originating Lender Location Id

38324

Originating Lender

Center National Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

148503.82

Forgiveness Date

12/17/2020

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