PPP Loan information for La machine shop, inc.

$461,800

La machine shop, inc. was initially approved for PPP Loan of amount $461,800, the current approved amount is $461,800. The loan was approved on 04/15/2020 by The Community Resource Bank reported 41 jobs and $461,800 was used to fund payroll.

La machine shop, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HAM LAKE / La machine shop, inc.

LA MACHINE SHOP, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LA MACHINE SHOP, INC.

Borrower Address

15740 Lincoln Street NE

Borrower City

HAM LAKE

Borrower State

MN

Borrower Zip

55304

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461800.00

Current Approval Amount

461800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38698

Servicing Lender Name

Community Resource Bank

Servicing Lender Address

1605 Heritage Dr

Servicing Lender City

NORTHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55057-3265

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAM LAKE

Project County Name

ANOKA

Project State

MN

Project Zip

55304-0001

CD

MN-06

Jobs Reported

41

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

461800.00

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

38698

Originating Lender

Community Resource Bank

Originating Lender City

NORTHFIELD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

465276.33

Forgiveness Date

01/20/2021

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