PPP Loan information for Labraaten insurance agency, inc.

$190,400

Labraaten insurance agency, inc. was initially approved for PPP Loan of amount $190,400, the current approved amount is $190,400. The loan was approved on 04/08/2020 by The Ultima Bank Minnesota reported 19 jobs and $190,400 was used to fund payroll.

Labraaten insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BAGLEY / Labraaten insurance agency, inc.

LABRAATEN INSURANCE AGENCY, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LABRAATEN INSURANCE AGENCY, INC.

Borrower Address

25 CLEARWATER AVE SW PO Box 606

Borrower City

BAGLEY

Borrower State

MN

Borrower Zip

56621-8318

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190400.00

Current Approval Amount

190400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAGLEY

Project County Name

CLEARWATER

Project State

MN

Project Zip

56621-8318

CD

MN-08

Jobs Reported

19

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190400.00

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

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191813.65

Forgiveness Date

01/14/2021

;