PPP Loan information for Lake region arts council, inc.

$35,145

Lake region arts council, inc. was initially approved for PPP Loan of amount $35,145, the current approved amount is $35,145. The loan was approved on 04/30/2020 by The FM Bank reported 3 jobs and $35,145 was used to fund payroll.

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

PPP Loan Search / MN / FERGUS FALLS / Lake region arts council, inc.

LAKE REGION ARTS COUNCIL, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

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

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35145.00

Current Approval Amount

35145.00

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

711190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35145.00

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

35299.25

Forgiveness Date

10/13/2020

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