PPP Loan information for Lacheur development, llc

$7,500

Lacheur development, llc was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 04/30/2020 by The Gate City Bank reported 1 jobs and $7,500 was used to fund payroll.

Lacheur development, llc is Existing or more than 2 years old

LACHEUR DEVELOPMENT, LLC

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LACHEUR DEVELOPMENT, LLC

Borrower Address

807 N UNION AVE

Borrower City

FERGUS FALLS

Borrower State

MN

Borrower Zip

56537-2121

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERGUS FALLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-2121

CD

MN-07

Jobs Reported

1

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7570.00

Forgiveness Date

04/15/2021

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