PPP Loan information for Lake superior laundry inc/wbdf

$453,146

Lake superior laundry inc/wbdf was initially approved for PPP Loan of amount $453,146, the current approved amount is $453,146. The loan was approved on 04/15/2020 by The Stearns Bank National Association reported 99 jobs and $453,146 was used to fund payroll.

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

PPP Loan Search / MN / PINE CITY / Lake superior laundry inc/wbdf

LAKE SUPERIOR LAUNDRY INC/WBDF

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE SUPERIOR LAUNDRY INC/WBDF

Borrower Address

129 E 6TH AVE

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

453146.00

Current Approval Amount

453146.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

N

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

55063-0001

CD

MN-08

Jobs Reported

99

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

69146.00

Payroll Proceed

340000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458931.37

Forgiveness Date

08/02/2021

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