PPP Loan information for Lane brothers inc.

$59,100

Lane brothers inc. was initially approved for PPP Loan of amount $59,100, the current approved amount is $59,100. The loan was approved on 04/28/2020 by The Frandsen Bank & Trust reported 10 jobs and $59,100 was used to fund payroll.

Lane brothers inc. is Existing or more than 2 years old

LANE BROTHERS INC.

Date Approved

04/28/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LANE BROTHERS INC.

Borrower Address

90TH ST

Borrower City

FREDERIC

Borrower State

WI

Borrower Zip

54837-5013

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59100.00

Current Approval Amount

59100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREDERIC

Project County Name

POLK

Project State

WI

Project Zip

54837-5013

CD

WI-07

Jobs Reported

10

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5910.00

Payroll Proceed

44325.00

Mortgage Interest Proceed

8865.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59569.56

Forgiveness Date

02/22/2021

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