PPP Loan information for Lamont companies, inc

$495,100

Lamont companies, inc was initially approved for PPP Loan of amount $495,100, the current approved amount is $495,100. The loan was approved on 04/09/2020 by The Dacotah Bank reported 42 jobs and $495,100 was used to fund payroll.

Lamont companies, inc is Existing or more than 2 years old

LAMONT COMPANIES, INC

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LAMONT COMPANIES, INC

Borrower Address

205 6TH AVE SE, Suite 300

Borrower City

ABERDEEN

Borrower State

SD

Borrower Zip

57401-2850

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

495100.00

Current Approval Amount

495100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

BROWN

Project State

SD

Project Zip

57401-2850

CD

SD-

Jobs Reported

42

NAICS Code

551114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

49500.00

Payroll Proceed

396100.00

Mortgage Interest Proceed

0.00

Rent Proceed

49500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

499597.16

Forgiveness Date

03/11/2021

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