PPP Loan information for L & m boiler systems, inc

$122,900

L & m boiler systems, inc was initially approved for PPP Loan of amount $122,900, the current approved amount is $122,900. The loan was approved on 04/10/2020 by The Manufacturers Bank & Trust Company reported 7 jobs and $122,900 was used to fund payroll.

L & m boiler systems, inc is Existing or more than 2 years old

PPP Loan Search / MN / AUSTIN / L & m boiler systems, inc

L & M BOILER SYSTEMS, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

L & M BOILER SYSTEMS, INC

Borrower Address

506 10TH ST

Borrower City

AUSTIN

Borrower State

MN

Borrower Zip

55912-3756

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122900.00

Current Approval Amount

122900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

MOWER

Project State

MN

Project Zip

55912-3756

CD

MN-01

Jobs Reported

7

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30725.00

Payroll Proceed

92175.00

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

Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113527.91

Forgiveness Date

11/05/2020

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