PPP Loan information for Lamb labor services, inc

$260,900

Lamb labor services, inc was initially approved for PPP Loan of amount $260,900, the current approved amount is $260,900. The loan was approved on 04/07/2020 by The Magnifi Financial CU reported 37 jobs and $260,900 was used to fund payroll.

Lamb labor services, inc is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Lamb labor services, inc

LAMB LABOR SERVICES, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAMB LABOR SERVICES, INC

Borrower Address

115 Business Hwy 23 E

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-4108

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260900.00

Current Approval Amount

260900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-4108

CD

MN-07

Jobs Reported

37

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2840.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

2060.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

263087.27

Forgiveness Date

02/12/2021

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