Lilac Homes Corporation

$211,800 PPP Loan in Pelican Rapids, Minnesota

Loan Details

Loan Number
4143487200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$211,800
Current Approval
$211,800
Forgiveness Amount
$213,394
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lilac Homes Corporation
Address
24806 Labrador Beach Road
ZIP Code
56572-7178
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$156,732
Rent
$31,770
Utilities
$2,118
Mortgage Interest
$21,180

Lender Information

Servicing Lender
Northwestern Bank, National Association
Originating Lender
Northwestern Bank, National Association

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