PPP Loan information for Air-lake machine& welding, inc.

$284,964

Air-lake machine& welding, inc. was initially approved for PPP Loan of amount $284,964, the current approved amount is $284,964. The loan was approved on 04/06/2020 by The Vermillion State Bank reported 18 jobs and $284,964 was used to fund payroll.

Air-lake machine& welding, inc. is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Air-lake machine& welding, inc.

AIR-LAKE MACHINE& WELDING, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AIR-LAKE MACHINE& WELDING, INC.

Borrower Address

21710 Grenada Ave

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-9182

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284963.60

Current Approval Amount

284963.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-9182

CD

MN-02

Jobs Reported

18

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284963.60

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286570.48

Forgiveness Date

11/03/2020

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