PPP Loan information for Garage lanes l.l.c.

$150,000

Garage lanes l.l.c. was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 02/08/2021 by The Flagship Bank Minnesota reported 24 jobs and $150,000 was used to fund payroll.

Garage lanes l.l.c. is Existing or more than 2 years old

GARAGE LANES L.L.C.

Date Approved

02/08/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GARAGE LANES L.L.C.

Borrower Address

16 W 1st St

Borrower City

Waconia

Borrower State

MN

Borrower Zip

55387-1410

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38227

Servicing Lender Name

Flagship Bank Minnesota

Servicing Lender Address

1415 Wayzata Blvd East

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391-1938

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waconia

Project County Name

CARVER

Project State

MN

Project Zip

55387-1410

CD

MN-06

Jobs Reported

24

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149996.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38227

Originating Lender

Flagship Bank Minnesota

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151167.12

Forgiveness Date

12/01/2021

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