Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
LAKELAND ELECTRIC, INC.
Borrower Address
1312 McKay Dr NE
Borrower City
ANDOVER
Borrower State
MN
Borrower Zip
55304-6128
Loan Status Date
01/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
31200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
95591
Servicing Lender Name
Vibrant Credit Union
Servicing Lender Address
1900 52nd Ave
Servicing Lender City
MOLINE
Servicing Lender State
IL
Servicing Lender Zip
61265-6380
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ANOKA
Project State
Project Zip
CD
MN-06
Jobs Reported
2
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
31407.72
Forgiveness Date
12/17/2020