PPP Loan information for Lakes area health system

$117,545

Lakes area health system was initially approved for PPP Loan of amount $117,545, the current approved amount is $117,545. The loan was approved on 02/09/2021 by The Bremer Bank, National Association reported 8 jobs and $117,545 was used to fund payroll.

Lakes area health system is Existing or more than 2 years old

LAKES AREA HEALTH SYSTEM

Date Approved

02/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKES AREA HEALTH SYSTEM

Borrower Address

1440 Duckwood Dr Ste 200

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55122-1451

Loan Status Date

12/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117545.00

Current Approval Amount

117545.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55122-1451

CD

MN-02

Jobs Reported

8

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117543.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

119622.17

Forgiveness Date

11/25/2022

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