PPP Loan information for Lanesboro development co.

$19,169

Lanesboro development co. was initially approved for PPP Loan of amount $19,169, the current approved amount is $19,169. The loan was approved on 02/11/2021 by The Merchants Bank, National Association reported 10 jobs and $19,169 was used to fund payroll.

Lanesboro development co. is Existing or more than 2 years old

LANESBORO DEVELOPMENT CO.

Date Approved

02/11/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LANESBORO DEVELOPMENT CO.

Borrower Address

200 Zenith St

Borrower City

Lanesboro

Borrower State

MN

Borrower Zip

55949-9012

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19169.00

Current Approval Amount

19169.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lanesboro

Project County Name

FILLMORE

Project State

MN

Project Zip

55949-9012

CD

MN-01

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19164.00

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

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19297.33

Forgiveness Date

10/19/2021

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