PPP Loan information for Lake superior laundry inc

$435,975

Lake superior laundry inc was initially approved for PPP Loan of amount $435,975, the current approved amount is $435,975. The loan was approved on 02/03/2021 by The National Bank of Commerce reported 80 jobs and $435,975 was used to fund payroll.

Lake superior laundry inc is Existing or more than 2 years old

PPP Loan Search / MN / Pine City / Lake superior laundry inc

LAKE SUPERIOR LAUNDRY INC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKE SUPERIOR LAUNDRY INC

Borrower Address

129 6th Ave SE

Borrower City

Pine City

Borrower State

MN

Borrower Zip

55063-1913

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

435975.00

Current Approval Amount

435975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pine City

Project County Name

PINE

Project State

MN

Project Zip

55063-1913

CD

MN-08

Jobs Reported

80

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

435973.00

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

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

440573.64

Forgiveness Date

03/02/2022

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