PPP Loan information for Lake region medical group p.a.

$2,439,200

Lake region medical group p.a. was initially approved for PPP Loan of amount $2,439,200, the current approved amount is $2,439,200. The loan was approved on 04/10/2020 by The Bremer Bank, National Association reported 98 jobs and $2,439,200 was used to fund payroll.

Lake region medical group p.a. is Existing or more than 2 years old

PPP Loan Search / MN / FERGUS FALLS / Lake region medical group p.a.

LAKE REGION MEDICAL GROUP P.A.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE REGION MEDICAL GROUP P.A.

Borrower Address

111 W Vernon Ave

Borrower City

FERGUS FALLS

Borrower State

MN

Borrower Zip

56537-2718

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2439200.00

Current Approval Amount

2439200.00

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

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

56537-2718

CD

MN-07

Jobs Reported

98

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2439200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2481434.92

Forgiveness Date

01/10/2022

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