PPP Loan information for L & m construction company

$54,750

L & m construction company was initially approved for PPP Loan of amount $54,750, the current approved amount is $54,750. The loan was approved on 04/28/2020 by The The State Bank of Faribault reported 8 jobs and $54,750 was used to fund payroll.

L & m construction company is Existing or more than 2 years old

L & M CONSTRUCTION COMPANY

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

L & M CONSTRUCTION COMPANY

Borrower Address

1156 MANTORVILLE RD

Borrower City

KENYON

Borrower State

MN

Borrower Zip

55946-1518

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54750.00

Current Approval Amount

54750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENYON

Project County Name

GOODHUE

Project State

MN

Project Zip

55946-1518

CD

MN-01

Jobs Reported

8

NAICS Code

236115

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54750.00

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

Subchapter S Corporation

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55026.79

Forgiveness Date

11/02/2020

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