# PPP loan: AMERICAN LEGION POST 580
> **$224K** approved 01/16/2021 · Paid in Full · Loan `1264858301`
## Borrower
- **Name:** AMERICAN LEGION POST 580
- **Address:** 290 Lake Dr E, Chanhassen, MN, 55317-9364
- **NAICS:** 722511
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 49
## Lender
- **Originating:** Center National Bank
- **Servicing:** Center National Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*