PPP Loan information for Lake region arts council inc.

$35,125

Lake region arts council inc. was initially approved for PPP Loan of amount $35,125, the current approved amount is $35,125. The loan was approved on 01/23/2021 by The FM Bank reported 3 jobs and $35,125 was used to fund payroll.

Lake region arts council inc. is Existing or more than 2 years old

LAKE REGION ARTS COUNCIL INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKE REGION ARTS COUNCIL INC.

Borrower Address

133 S Mill St

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-2574

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35125.27

Current Approval Amount

35125.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-2574

CD

MN-07

Jobs Reported

3

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35124.27

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

35337.95

Forgiveness Date

09/08/2021

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