PPP Loan information for Lanesboro arts center

$34,100

Lanesboro arts center was initially approved for PPP Loan of amount $34,100, the current approved amount is $34,100. The loan was approved on 04/08/2020 by The Merchants Bank, National Association reported 4 jobs and $34,100 was used to fund payroll.

Lanesboro arts center is New Business or 2 years or less

PPP Loan Search / MN / LANESBORO / Lanesboro arts center

LANESBORO ARTS CENTER

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LANESBORO ARTS CENTER

Borrower Address

103 PARKWAY AVE S

Borrower City

LANESBORO

Borrower State

MN

Borrower Zip

55949-9774

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34100.00

Current Approval Amount

34100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LANESBORO

Project County Name

FILLMORE

Project State

MN

Project Zip

55949-9774

CD

MN-01

Jobs Reported

4

NAICS Code

442291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3410.00

Payroll Proceed

27280.00

Mortgage Interest Proceed

3410.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

34442.89

Forgiveness Date

04/15/2021

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