PPP Loan information for Lakes electric of mn, inc.

$19,300

Lakes electric of mn, inc. was initially approved for PPP Loan of amount $19,300, the current approved amount is $19,300. The loan was approved on 04/09/2020 by The United Community Bank reported 2 jobs and $19,300 was used to fund payroll.

Lakes electric of mn, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PERHAM / Lakes electric of mn, inc.

LAKES ELECTRIC OF MN, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKES ELECTRIC OF MN, INC.

Borrower Address

46744 County Hwy 51

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-8139

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19300.00

Current Approval Amount

19300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-8139

CD

MN-07

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19300.00

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

Subchapter S Corporation

Originating Lender Location Id

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19525.25

Forgiveness Date

06/15/2021

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