PPP Loan information for Forest lake post no. 225, department of minnesota, american

$85,000

Forest lake post no. 225, department of minnesota, american was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 32 jobs and $85,000 was used to fund payroll.

Forest lake post no. 225, department of minnesota, american is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Forest lake post no. 225, department of minnesota, american

FOREST LAKE POST NO. 225, DEPARTMENT OF MINNESOTA, AMERICAN

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOREST LAKE POST NO. 225, DEPARTMENT OF MINNESOTA, AMERICAN

Borrower Address

355 West Broadway Ave

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-1505

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-1505

CD

MN-08

Jobs Reported

32

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8500.00

Payroll Proceed

63750.00

Mortgage Interest Proceed

12750.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85491.37

Forgiveness Date

11/19/2020

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