PPP Loan information for Lake henry implement, inc.

$106,100

Lake henry implement, inc. was initially approved for PPP Loan of amount $106,100, the current approved amount is $106,100. The loan was approved on 04/13/2020 by The Magnifi Financial CU reported 11 jobs and $106,100 was used to fund payroll.

Lake henry implement, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Lake henry implement, inc.

LAKE HENRY IMPLEMENT, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE HENRY IMPLEMENT, INC.

Borrower Address

23661 STATE HIGHWAY 4

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-9362

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106100.00

Current Approval Amount

106100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-9362

CD

MN-07

Jobs Reported

11

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3750.00

Payroll Proceed

84940.00

Mortgage Interest Proceed

6410.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106780.20

Forgiveness Date

12/14/2020

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