PPP Loan information for Lakefield lumber

$30,700

Lakefield lumber was initially approved for PPP Loan of amount $30,700, the current approved amount is $30,700. The loan was approved on 04/03/2020 by The First National Bank reported 4 jobs and $30,700 was used to fund payroll.

Lakefield lumber is Existing or more than 2 years old

LAKEFIELD LUMBER

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKEFIELD LUMBER

Borrower Address

201 PLUM ST

Borrower City

LAKEFIELD

Borrower State

MN

Borrower Zip

56150-1217

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30700.00

Current Approval Amount

30700.00

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

LAKEFIELD

Project County Name

JACKSON

Project State

MN

Project Zip

56150-1217

CD

MN-01

Jobs Reported

4

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7675.00

Payroll Proceed

23025.00

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

Sole Proprietorship

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30902.96

Forgiveness Date

12/08/2020

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