PPP Loan information for Brainerd lakes area development corporation

$71,800

Brainerd lakes area development corporation was initially approved for PPP Loan of amount $71,800, the current approved amount is $71,800. The loan was approved on 04/16/2020 by The Bremer Bank, National Association reported 4 jobs and $71,800 was used to fund payroll.

Brainerd lakes area development corporation is Existing or more than 2 years old

PPP Loan Search / MN / BRAINERD / Brainerd lakes area development corporation

BRAINERD LAKES AREA DEVELOPMENT CORPORATION

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRAINERD LAKES AREA DEVELOPMENT CORPORATION

Borrower Address

224 W Washington Street

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71800.00

Current Approval Amount

71800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-0001

CD

MN-08

Jobs Reported

4

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71800.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

72512.10

Forgiveness Date

04/15/2021

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