PPP Loan information for Detroit lakes insurance agency, inc

$71,127

Detroit lakes insurance agency, inc was initially approved for PPP Loan of amount $71,127, the current approved amount is $71,127. The loan was approved on 01/19/2021 by The Midwest Bank reported 6 jobs and $71,127 was used to fund payroll.

Detroit lakes insurance agency, inc is Existing or more than 2 years old

PPP Loan Search / MN / Detroit Lakes / Detroit lakes insurance agency, inc

DETROIT LAKES INSURANCE AGENCY, INC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DETROIT LAKES INSURANCE AGENCY, INC

Borrower Address

211 Holmes St W Ste 202

Borrower City

Detroit Lakes

Borrower State

MN

Borrower Zip

56501-9905

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71127.35

Current Approval Amount

71127.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit Lakes

Project County Name

BECKER

Project State

MN

Project Zip

56501-9905

CD

MN-07

Jobs Reported

6

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71125.35

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

Subchapter S Corporation

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71505.40

Forgiveness Date

08/04/2021

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