Freeborn Lake Recreation Association

$18,100 PPP Loan in Alden, Minnesota

Loan Details

Loan Number
4798287004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$18,100
Current Approval
$18,100
Forgiveness Amount
$18,221
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Freeborn Lake Recreation Association
Address
25177 665th Ave
City
Alden
ZIP Code
56009-4381
Business Type
Non-Profit Organization
Industry (NAICS)
Arts, Entertainment, and Recreation (713910)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$15,000
Utilities
$1,500
Mortgage Interest
$1,600

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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