Forest Lake Post No. 225, Department of Minnesota, American

$85,000 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
3866767102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$85,000
Current Approval
$85,000
Forgiveness Amount
$85,491
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Forest Lake Post No. 225, Department of Minnesota, American
Address
355 West Broadway Ave
ZIP Code
55025-1505
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (813410)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$63,750
Utilities
$8,500
Mortgage Interest
$12,750

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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