AMERICAN LEGION POST #0255 (MN) - 2020 PPP Loan Borrower Profile (# 8652327107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION POST #0255. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

8652327107

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$37,862

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$38,238.52

Date Loan was Forgiven

Apr 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,312

Payroll Proced

31,550

Lender

Unity Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813990

Borrower Location

BRAINERD, MN

Project Location

BRAINERD, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.