PPP Loan information for M & l of detroit lakes, inc

$74,400

M & l of detroit lakes, inc was initially approved for PPP Loan of amount $74,400, the current approved amount is $74,400. The loan was approved on 04/10/2020 by The Bremer Bank, National Association reported 9 jobs and $74,400 was used to fund payroll.

M & l of detroit lakes, inc is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / M & l of detroit lakes, inc

M & L OF DETROIT LAKES, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M & L OF DETROIT LAKES, INC

Borrower Address

129 Veterans Memorial Parkway

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-3437

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74400.00

Current Approval Amount

74400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-3437

CD

MN-07

Jobs Reported

9

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74400.00

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

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74832.13

Forgiveness Date

11/13/2020

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