PPP Loan information for Ladc companies, inc.

$210,500

Ladc companies, inc. was initially approved for PPP Loan of amount $210,500, the current approved amount is $210,500. The loan was approved on 04/08/2020 by The First National Bank reported 34 jobs and $210,500 was used to fund payroll.

Ladc companies, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT MICHAEL / Ladc companies, inc.

LADC COMPANIES, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LADC COMPANIES, INC.

Borrower Address

5900 QUAM AVE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-4800

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210500.00

Current Approval Amount

210500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-4800

CD

MN-06

Jobs Reported

34

NAICS Code

541320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10500.00

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

212868.12

Forgiveness Date

06/10/2021

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