PPP Loan information for J&b lakeland logistics

$394,700

J&b lakeland logistics was initially approved for PPP Loan of amount $394,700, the current approved amount is $394,700. The loan was approved on 04/03/2020 by The Merchants Bank, National Association reported 67 jobs and $394,700 was used to fund payroll.

J&b lakeland logistics is Existing or more than 2 years old

PPP Loan Search / MN / LAKE CITY / J&b lakeland logistics

J&B LAKELAND LOGISTICS

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

J&B LAKELAND LOGISTICS

Borrower Address

120 SOUTH LAKESHORE DRIVE

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041-1691

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394700.00

Current Approval Amount

394700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-1691

CD

MN-01

Jobs Reported

67

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5700.00

Payroll Proceed

340000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

44000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398087.84

Forgiveness Date

02/17/2021

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