PPP Loan information for Lake agassiz regional development

$86,400

Lake agassiz regional development was initially approved for PPP Loan of amount $86,450, the current approved amount is $86,400. The loan was approved on 04/15/2020 by The Choice Financial Group reported 7 jobs and $86,400 was used to fund payroll.

Lake agassiz regional development is Existing or more than 2 years old

LAKE AGASSIZ REGIONAL DEVELOPMENT

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LAKE AGASSIZ REGIONAL DEVELOPMENT

Borrower Address

417 MAIN AVE

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1956

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86450.00

Current Approval Amount

86400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1956

CD

ND-

Jobs Reported

7

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86400.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

87211.92

Forgiveness Date

04/01/2021

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